Library / MDGIF Proposal Template and Format
MDGIF Proposal Template and Format

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Applicable to:  
• 
Project Promoters  
• 
MDGIF Equity Partners 
MDGIF PROPOSAL TEMPLATE AND FORMAT 
Code: MDGIF Guide – 2001 - 2024 
Effective Date: 17th May 2024 
 
 
 
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This document is a property of the Midstream and Downstream Gas Infrastructure Fund. All rights reserved. 
5 
GLOSSARY 
Abbreviations, terms and references used in this document are explained hereunder:  
Abbreviations Meaning 
CAC 
Cooperate Affair commission 
CSR 
Corporate social responsibility 
FIRS 
Federal Inland revenue services 
FOREX 
Foreign Exchange 
HSE 
Health safety and Environment  
HSEC 
Health safety and Environment and Community 
IRR), 
Internal Rate of Return 
KPI 
Key Performance indicators 
LTD 
Limited liability company 
LTI 
Loss time Injury 
MDGIF 
Midstream and downstream gas infrastructure funds 
(NPV), 
Net Present Value  
NMDPRA 
Nigeria Midstream and Downstream Petroleum Regulatory Authority 
OBC 
Outline Business Case 
PBP 
Pay Back Period 
PIA 
Petroleum industry Act 2021 
PLC 
Public Limited Company 
ROE 
Return on Equity  
ROI 
Return on Investment  
 
MDGIF INVESTMENT POLICY STATEMENT (MIPS) 
Approved by 
 
 
Oluwole Adama 
Executive Director, MDGIF