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The Vision (NV20:2020) defines the path to address key challenges impeding the country's ability to optimally harness its abundant human and natural resources

Nigeria has trade and trade-related legislation in the area of import prohibitions on endangered Species (Control of International Trade and Traffic) Act, Cap 108, LFN, 1990, as well as waste pharmaceuticals, hazardous chemicals and nuclear industrial waste and other toxic waste

Nigeria's Export Prohibition Act allows for certain exports to be prohibited for purposes of, inter alia, protection of the environment and wildlife, such as raw hides and skins, timber (rough or sawn), scrap metals, unprocessed rubber latex and rubber lumps, wildlife animals classified as endangered species and their products

The Standards Organization of Nigeria (SON) has established a wide range of standards, based on, inter alia, the ISO 14000 standards for environmental management systems, and covering products in the chemical, civil engineering, electrical engineering, mechanical engineering, processed food (including local food), and textile/leather industries

Based on its notifications to the Committee on Agriculture, Nigeria did not provide any domestic support or export subsidies to agriculture in the 1995-2009 period, although according to the Central Bank, in 2009, the Federal Government's current expenditure on agriculture (including fisheries and forestry) was N22.4 billion and its capital expenditure on agriculture and natural resources was N139 billion

Nigeria is a contracting party to the International Commission for the Conservation of Atlantic Tunas since 2007, while the stock management policies also include mesh size limits that apply to inland fishing as well as inshore fishing along with prohibitions on poisoning and other regulations designed to limit catches and prevent pollution

Tariffs on imports of wood and wood products vary from 5% to 20% with 5% VAT on all tariff lines in HS chapter 44, with an additional charge of 10% applied to wood en boards, pallets, boxes, etc.

In 2004, the Federal Government and the World Bank announced the Sustainable Management of Mineral Resources Project in Nigeria aiming to improve the Government's capacity to manage mineral resources in a sustainable way

In the course of 2011, the Nigerian Electricity Regulatory Commission (NERC) also intends to complete work on the regulatory frameworks for the generation and distribution of electricity, for renewable power generation; tariffs for coal-powered plants; guidelines for procurement of bulk power; development programmes on energy efficiency and demand-side management; an incentive package for the power sector; and regulation on rights-of-way and access rights

The Federal Government's Draft National Transport Policy of August 2010 recognizes the vital importance of transport to Nigeria's development and seeks to address the many challenges facing air, water, and land-based transport systems and to develop an adequate, safe, environmentally sound, efficient and affordable integrated transport system within the framework of a progressive and competitive market economy