Noelle Okwedy

Noelle Okwedy

Energy Analyst

Bio

Noelle is an economist with a background in financial economics. She is passionate about energy and finance.

Social Media

Nigeria’s energy sector is in crisis, how are businesses doing?

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29 NOV 2022

Nigeria’s energy sector is in crisis, how are businesses doing?

With energy prices (oil & gas) skyrocketing this year, we look at the impact on Nigerian businesses using nine charts.

Natural gas: the price cap they don't tell you about

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24 NOV 2022

Natural gas: the price cap they don't tell you about

Nigeria's price cap on natural gas is more harmful than you thought.

COP 27: How to talk about climate change with Africa

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17 NOV 2022

COP 27: How to talk about climate change with Africa

With COP 27 underway, how should we address the effect of climate change in Africa?

What’s the problem with Nigerian ports?

Development - 11 NOV 2022

What’s the problem with Nigerian ports?

Nigerian ports have certain issues that hinder their efficiency. Read this article to know more about these issues.

It's a good time to be an oil company, as long as you are not in Nigeria

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10 NOV 2022

It's a good time to be an oil company, as long as you are not in Nigeria

Seplat's Q3 2022 numbers came in a little disappointing, despite the current oil price rally

What is causing Nigeria's petrol scarcity?

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01 NOV 2022

What is causing Nigeria's petrol scarcity?

We investigate the reasons behind Nigeria's recent petrol price hikes and scarcity.

Why is Geregu Nigeria’s first listed power company?

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25 OCT 2022

Why is Geregu Nigeria’s first listed power company?

We unpack the factors driving Geregu's ability to list on the Nigerian Exchange.

How can mergers and acquisitions help renewable energy startups achieve 10x growth?

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18 OCT 2022

How can mergers and acquisitions help renewable energy startups achieve 10x growth?

M&As facilitate fast growth for African renewable energy startups.

How do mini-grids provide electricity in cities?

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04 OCT 2022

How do mini-grids provide electricity in cities?

Partnerships with private companies are crucial to increasing the electricity supply in Nigeria.

How should Nigeria remove its fuel subsidy?

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27 SEP 2022

How should Nigeria remove its fuel subsidy?

Indonesia’s 2003 and 2005 subsidy removal attempts provide lessons for Nigeria on subsidy reform.

What are the risks of oil price caps?

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20 SEP 2022

What are the risks of oil price caps?

Like Nigeria's subsidy, the G7 wants an oil price cap on Russia's oil. But these price controls are prone to market failures.

How much oil does Nigeria lose?

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13 SEP 2022

How much oil does Nigeria lose?

Oil revenue losses from metering errors, theft and production shut-ins aggravate Nigeria’s record low oil production.

One year after: Has the PIA impacted the oil & gas sector?

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06 SEP 2022

One year after: Has the PIA impacted the oil & gas sector?

One year down, reforms like subsidy removal and host community development which the PIA should have implemented, have been delayed.

Are Nigerian electricity tariffs really cost reflective?

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01 SEP 2022

Are Nigerian electricity tariffs really cost reflective?

Liquidity issues in the power sector can’t be fixed when the tariffs, the primary source of cost recovery, don’t reflect the sector’s costs.

How much is NNPC losing from not refining oil?

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29 AUG 2022

How much is NNPC losing from not refining oil?

NNPC's refineries are stuck in rehab as Saudi Aramco and co cash out from refining oil.

Why don't most Nigerians have electricity meters?

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19 AUG 2022

Why don't most Nigerians have electricity meters?

Most Nigerian electricity consumers are without meters and suffer the pain of estimated billing.

Why are regulators struggling to approve the Seplat-Mobil deal?

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12 AUG 2022

Why are regulators struggling to approve the Seplat-Mobil deal?

The uncertainty from the minister of petroleum (Buhari) and regulators aren’t favouring Nigeria’s unattractive upstream sector.

How can NNPC Limited succeed?

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04 AUG 2022

How can NNPC Limited succeed?

Inefficient business practices and weak corporate governance plagued the old NNPC, will the new one fare better?

Why are Nigerian electricity companies so unprofitable?

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18 JUL 2022

Why are Nigerian electricity companies so unprofitable?

Eight out of 11 Nigerian electricity companies have either been sold or taken over by banks due to poor financial performance.

Are Nigeria’s new oil fields another waste of time?

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08 JUL 2022

Are Nigeria’s new oil fields another waste of time?

Nigeria's new marginal oil fields will increase local participation in oil production but are not nearly enough to be a game-changer for the industry.

Is Nigeria still Africa’s oil giant?

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01 JUL 2022

Is Nigeria still Africa’s oil giant?

Although an OPEC member, Nigeria is in the trenches, competing with Angola and Libya for the weightless title of “Africa’s oil giant”.

Why investors are bullish on Seplat

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23 JUN 2022

Why investors are bullish on Seplat

Seplat is benefitting from the oil and gas boom. But, Nigeria's challenging environment poses risks. Will it remain investors' choice for the future?

Why is Nigeria's national grid always collapsing?

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16 JUN 2022

Why is Nigeria's national grid always collapsing?

Thirteen charts help us explain Nigeria's incessant grid collapse.

11 charts showing how energy prices affect Nigerians

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26 MAY 2022

11 charts showing how energy prices affect Nigerians

Household energy prices like cooking gas have skyrocketed and the hikes are pinching government revenues such as FAAC.

How Nigerians are buying assets from Shell and ExxonMobil

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17 MAY 2022

How Nigerians are buying assets from Shell and ExxonMobil

We unpack the dynamics at play in the recent M&A activity happening in Nigeria's oil and gas sector

How volatile oil prices impact climate change

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09 MAY 2022

How volatile oil prices impact climate change

We take a look at how the impact of the Russia-Ukraine on oil supply will impact climate change ambitions

Why Nigerians are turning to solar inverters for power

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29 APR 2022

Why Nigerians are turning to solar inverters for power

We explain the power supply alternatives for Nigerians in the midst of the current energy crisis

Explainer: why we need to improve access to clean cooking fuels

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20 APR 2022

Explainer: why we need to improve access to clean cooking fuels

We unpack why access to clean cooking fuel is important and the policies required to improve it

Can Nigerian states produce their own electricity?

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12 APR 2022

Can Nigerian states produce their own electricity?

We analyse the House of Representatives' Bill to allow States to generate their own electricity

What can the NNPC learn from Saudi Arabia's Aramco?

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06 APR 2022

What can the NNPC learn from Saudi Arabia's Aramco?

We take a look at the history of ARAMCO and how it compares to the NNPC

Why the new tariff did not give us electricity

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31 MAR 2022

Why the new tariff did not give us electricity

We assess the objectives of service-based tariffs and how they can be better designed for success

What is the solution to Nigeria’s gas problems?

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25 MAR 2022

What is the solution to Nigeria’s gas problems?

Little attention is paid to Nigeria's gas industry, but shortfalls in supply contribute to energy crises in the country.

Why Dangote's refinery won't solve our fuel crisis

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21 MAR 2022

Why Dangote's refinery won't solve our fuel crisis

Even when Dangote's refinery comes online, Nigeria needs to deregulate local petrol prices to solve its petrol issues. How much would petrol rise to?

Which customers should renewable energy companies serve?

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15 MAR 2022

Which customers should renewable energy companies serve?

An analysis on how to decide market size as a renewable energy provider.

Can Nigeria increase gas supplies amidst a Russian shortage?

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07 MAR 2022

Can Nigeria increase gas supplies amidst a Russian shortage?

A look into Nigeria's gas reserves, infrastructure, and everything we would need to help Europe meet its gas needs.

Why privatising NEPA did not work

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22 FEB 2022

Why privatising NEPA did not work

A look into the privatisation process of Nigeria's electricity sector.

Why renewable energy companies rely on debt financing

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15 FEB 2022

Why renewable energy companies rely on debt financing

An explainer on why debt financing is ideal for renewable energy companies and renewable projects.

Can Nigeria harness hydrogen’s energy potential?

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01 FEB 2022

Can Nigeria harness hydrogen’s energy potential?

An assessment of hydrogen's energy potential.

Will Nigerian oil companies outperform fleeing oil multinationals?

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24 JAN 2022

Will Nigerian oil companies outperform fleeing oil multinationals?

An assessment of the future of Nigeria's oil industry without international oil companies.

Will competition fix Nigeria's power sector issues?

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17 JAN 2022

Will competition fix Nigeria's power sector issues?

What a competitive power sector would look like in Nigeria.

Why the future of Nigeria’s power supply is offgrid

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05 JAN 2022

Why the future of Nigeria’s power supply is offgrid

Offgrid solutions and Nigeria's electricity crisis

Why Nigeria won’t be a crypto mining hub

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20 DEC 2021

Why Nigeria won’t be a crypto mining hub

Nigeria can’t be a crypto mining hub despite huge renewable energy potential.

How oil thefts and spills are making a dangerous mess in the Niger Delta

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09 DEC 2021

How oil thefts and spills are making a dangerous mess in the Niger Delta

Oil thefts, oil spills and host communities

What can Ghana teach Nigeria about electrification?

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02 DEC 2021

What can Ghana teach Nigeria about electrification?

How Nigeria can speed up its electrification rate.

The untapped potential of Nigeria's wind energy

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25 NOV 2021

The untapped potential of Nigeria's wind energy

How Nigeria can harness wind energy for electricity.

Beyond COP26: can green bonds help?

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18 NOV 2021

Beyond COP26: can green bonds help?

How Nigeria is leveraging green bonds for sustainable development.

What will it take to mine bitcoin in Nigeria?

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04 NOV 2021

What will it take to mine bitcoin in Nigeria?

What it will take for bitcoin mining to become more accessible in Nigeria.

Global gas crisis derails Africa's transition to clean energy

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27 OCT 2021

Global gas crisis derails Africa's transition to clean energy

How the global gas crisis is worsening Africa's energy insecurity and slows the race to transition to clean energy.

Five years on, net metering remains impossible for Nigeria's solar user

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21 OCT 2021

Five years on, net metering remains impossible for Nigeria's solar user

A breakdown of net metering and how it can work in Nigeria.

Amid life in darkness: Blue Camel explores renewable energy solutions for Nigerians

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11 OCT 2021

Amid life in darkness: Blue Camel explores renewable energy solutions for Nigerians

Understanding Blue Camel’s renewable energy solution for Nigeria.

Crude stop! Why Nigeria’s oil production remains stuck

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29 SEP 2021

Crude stop! Why Nigeria’s oil production remains stuck

Why has Nigeria's oil production remained stagnant?

Economies are gaining from carbon taxes, but not Nigeria

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24 SEP 2021

Economies are gaining from carbon taxes, but not Nigeria

The polluter effect: How economies gain from carbon taxes

Electric vehicles in Nigeria: A take-off without landing?

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15 SEP 2021

Electric vehicles in Nigeria: A take-off without landing?

How electric vehicles can thrive in Nigeria

The CBN’s role in lighting up Nigeria

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08 SEP 2021

The CBN’s role in lighting up Nigeria

The CBN’s superhero attempts to curb Nigeria’s power sector trials.

Can Nigeria embrace 100% renewable energy?

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01 SEP 2021

Can Nigeria embrace 100% renewable energy?

To renew or pollute? A cost-benefit analysis of Nigeria’s electricity generating options.

A deep-dive into the NNPC's finances: will the PIA solve its issues?

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23 AUG 2021

A deep-dive into the NNPC's finances: will the PIA solve its issues?

The state of the NNPC's approach to spending money

How relevant is OPEC for Nigeria?

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12 AUG 2021

How relevant is OPEC for Nigeria?

A look into the world's most powerful cartel and its relevance for Nigeria.

Why the ambitious plan to power Ariaria market’s 40,000 shops failed

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06 AUG 2021

Why the ambitious plan to power Ariaria market’s 40,000 shops failed

Electrifying Ariaria market and the mini-grid solution that didn't work.

What the Petroleum Industry Bill means for foreign investors

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27 JUL 2021

What the Petroleum Industry Bill means for foreign investors

Is the Petroleum Industry Bill robust enough to attract foreign investment?

Nigeria to power up Africa with $25 billion gas pipeline

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12 JUL 2021

Nigeria to power up Africa with $25 billion gas pipeline

Unpacking Nigeria’s $25 billion gas pipeline to Morocco.

Can the private sector plug Nigeria's electricity gap?

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30 JUN 2021

Can the private sector plug Nigeria's electricity gap?

How private companies can get involved in electricity generation.

Why Nigerian buildings will continue to collapse

Development - 29 APR 2019

Why Nigerian buildings will continue to collapse

Buildings collapse for many reasons. In Nigeria, buildings mostly collapse because of negligence.

The struggles of Nigeria's internet industry

Development - 13 AUG 2018

The struggles of Nigeria's internet industry

Data is expensive in Nigeria, and the service is either too slow or unreliable.

Stop the Soot

Development - 29 MAR 2018

Stop the Soot

Port Harcourt is covered in a cloud of soot from oil bunkering, but no one is likely to do anything about it.

The Cost of Nigeria's Sexism Problem

Economy - 10 NOV 2017

The Cost of Nigeria's Sexism Problem

Countries are finally coming to terms with the reality that gender inequality takes a toll on development.