Our first line Fertiliser
Granular urea
From Nigeria, for importers in Australia and New Zealand.
Commodity trading from Lagos
Agricultural trade between Nigeria, Australia and New Zealand
We are a commodity trading company in Lagos. We start with Nigerian granular urea for fertiliser importers in Australia and New Zealand.
- Lagos
- Sydney
- Auckland
Nigeria Australia and New Zealand
About us
Who we are
Veda Commodities is an agricultural trading company in Lagos and part of Veda Technology Limited. Set up in 2026, we trade between Nigeria, Australia and New Zealand, starting with Nigerian fertiliser for Australian importers.
Preparing the route
Our parent company laid the groundwork through 2026.
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Met Dangote Fertiliser’s export team to discuss terms and registration for supplying Australia.
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Mapped Australia’s bulk fertiliser importers using the Fertilizer Australia member list.
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Built a trade and finance model for each cargo, and planned the first shipment.
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Supported the Nigerian High Commission’s engagement with Fertilizer Australia.
Products
What we trade
We take on a trade when we can match a confirmed buyer with a reliable seller. Fertiliser comes first, and we add products as each route is proven.
Why Nigerian urea
Australia buys all of its urea abroad, most of it from the Gulf. Nigeria makes far more than it uses at home, and its cargoes reach Australia without passing through the Strait of Hormuz.
3.8m tonnes
Urea imported by Australia in 2025. It has made none of its own since 2022.
64%
Share of those imports that came from Gulf states.
6.5m+ tonnes a year
Nigeria’s urea production capacity. Demand at home is about 1–1.5m tonnes.
From Nigeria
- Fertiliser: granular urea
- Cocoa beans and cocoa products
- Cashew nuts
- Sesame seeds
- Soya beans and soya meal
- Hibiscus flower
From Australia and New Zealand
- Wheat
- Barley and malt
- Canola
- Dairy products
- Cotton
Partnership
Our strategic partner
We work with an integrated agribusiness group that has operated in Africa, Asia and the UAE since 2016. It runs 10 factories and exports cocoa, cashew, sesame, legumes, edible oils and other products to more than 30 countries.
What each of us brings
Our partner
- Export documentation and shipping experience in more than 30 countries
- Certified quality systems, including HACCP and Rainforest Alliance
- Its own freight-forwarding and logistics business
- The trading record banks look for when financing a cargo
Veda Commodities
- A dedicated channel for Nigerian granular urea into Australia and New Zealand
- Direct contact with Dangote Fertiliser’s export team
- Knowledge of Australia’s bulk fertiliser importers
- Trade structuring and finance planning for each cargo
For buyers, that means Nigerian urea from outside the Gulf, shipped through an established exporter.
Process
How a trade works
We aim to buy each cargo against a signed sale, with the buyer’s payment secured by a letter of credit or bank guarantee.
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Origin port, FOB
Source
We buy FOB from producers and registered exporters at origin.
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Certify
We arrange inspection, quality and biosecurity documents, plus phytosanitary certificates for crops.
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Ship
We book bulk vessels or containers between Nigeria and Australia or New Zealand.
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Buyer’s port, CFR
Deliver
We sell CFR to importers, priced against published benchmarks where they exist.
FOB: we take the goods at the origin port. CFR: we deliver to the buyer’s port with freight paid.
Our working practices
- We confirm specifications, prices and counterparties in writing before we commit.
- We aim for repeat business with a small number of producers, importers and banks.
Who we work with
- Producers and exporters
- Access to buyers in Australia and New Zealand, through a team based in Nigeria.
- Importers
- Nigerian supply delivered CFR to your port, including urea from outside the Gulf shipping route.
- Banks and finance partners
- Matched, documented trades run by an experienced team, with an established exporter as strategic partner.
Contact
Work with us
Importers, producers and finance partners can reach our Lagos office by email or phone.
[email protected]- Phone
- +234 816 294 3910
- Office
- 17 Olosa Street
Victoria Island, Lagos
Nigeria - Time in Lagos