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Moldova’s pro-EU leader in tight run-off as Russia denies meddling

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Moldova’s pro-EU leader in tight run-off as Russia denies meddling

 

Moldovans are going to the polls on Sunday in the second round run-off of a presidential election seen as a choice between a European future or a return to Russian influence.

Pro-European President Maia Sandu faces Alexandr Stoianoglo, a man she fired as chief prosecutor, who has promised to balance foreign policy between the West and Russia and has the backing of the pro-Russian Party of Socialists.

Sandu and Moldova’s authorities have warned that a fugitive oligarch now based in Russia is trying to buy the election for Moscow.

The Kremlin has denied interfering in the vote, much as it did during last weekend’s disputed elections in Georgia, whose president described the vote as a “Russian special operation”.

“We resolutely reject any accusations that we are somehow interfering in this. We are not doing this,” said Kremlin spokesman Dmitry Peskov.

Sandu won the first round of the vote two weeks ago with 42.4%, well ahead of Alexandr Stoianoglo on 26%, but short of the 50% she needed to win outright. His vote is likely to increase because of the votes of candidates who failed to reach the run-off.

Stoianoglo has told Moldovans he would be an “apolitical president” for everyone, with a goal of security, peace and prosperity, and a “truly European model”.

But commentators and politicians have warned that a Stoianoglu victory could radically change the political landscape in the Danube and Black Sea region, not because he is some kind of “Trojan horse”, but rather because Russia has thrown its weight behind him.

Alexandr Stoianoglo promises Moldovans to save their country from four more years of “abuse and ruin”
© Reuters

 

Former Moldovan Defence Minister Anatol Salaru said the election would decide whether Moldova would “continue the process of European integration or return to the Russia fold”.

A former Soviet republic flanked by Ukraine and Romania and one of Europe’s poorest countries, Moldova has a population of 2.5 million. It also has a large expat population of 1.2 million, whose votes could prove key to Maia Sandu in the run-off.

Moldova has opened talks on joining the European Union, and on the same day of the first round Moldovans voted by a whisker to back a change to the constitution embracing the commitment to join the EU.

The tiny margin in favour came as a surprise, although Maia Sandu said there was clear evidence of attempts to buy 300,000 votes.

The BBC spoke to one voter who said she and others had sold their votes for up to 1,000 roubles (£8).

Whatever Russia’s role behind the scenes, police said fugitive oligarch Ilan Shor had moved $39m (£30m) over two months from Moscow into Moldovan bank accounts in September and October, benefiting at least 138,000 voters.

Shor denies wrongdoing but did promise cash handouts to people prepared to back his call for a “firm No” to the EU. He faces a lengthy jail sentence in Moldova for money laundering and embezzlement.

Stoianoglo denies links to Ilan Shor but he does have the backing of the opposition pro-Russian Party of Socialists, led by ex-president Igor Dodon.

A populist ex-mayor who came third has refused to back either him or Maia Sandu, criticising both in equal measure.

“Do what you see fit. You must decide on your own,” Renato Usatii told his supporters, blowing the race wide open.

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Anambra 2025: Onyeze emerges Accord Party guber candidate ‎

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‎Anambra philanthropist, Chief Chidi Charles Onyeze, has emerged the governorship candidate of the Accord party for the November 5 2025 Anambra governorship election.

‎He was declared unopposed during the Party’s Primary election process held at East End Hotel, Aroma, Awka, on Tuesday, April 8, 2025.

‎The exercise was witnessed by thousands of party chieftains, members, INEC, security, and the media.

‎By his emergence, Chief Onyeze has become the youngest governorship candidate, who will participate in the election alongside the incumbent governor of the state, Prof Chukwuma Charles Soludo (APGA), Prince Nicholas Ukachukwu (APC), Mr. Jude Ejimofor (PDP), Chief George Muoghalu (LP) and other awaiting candidates from other political parties.



‎Speaking to Journalists shortly after the process, Onyeze said he is contesting the election to address the current challenges of unemployment, insecurity, and poor educational system in Anambra State.

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FG UNVEILS GOVERNANCE SCORECARD TO ACCELERATE $1 TRILLION ECONOMY VISION

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The Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun has spotlighted corporate governance as a key lever in President Bola Ahmed Tinubu’s push to build a $1 trillion economy, urging state-owned enterprises (SOEs) to meet global standards of transparency, ethics, and performance.

Speaking at the MOFI Corporate Governance Forum in Abuja on Monday, the Honourable Minister described the newly introduced MOFI Scorecard as a vital benchmark for institutional health—designed to position SOEs for investment, growth, and long-term value creation.

This scorecard is not just a document—it’s a test, Edun said. He added that Strong governance attracts capital, builds trust, and delivers real economic returns.

The two-day forum, themed Ensuring Value Creation in State-Owned Enterprises Through Better Corporate Governance, brought together CEOs, regulators, and development partners to examine how better oversight can unlock Nigeria’s public asset potential.

Referencing entities like NNPC Ltd, Edun noted that SOEs must be investor-ready as the government shifts from debt-heavy budgets to equity-based growth. He also pointed to positive macro signals and falling food and fuel prices—as early signs of a stabilising economy.

MOFI Chairman Dr. Shamsudeen Usman confirmed that the scorecard will be enforced through independent assessments, including MOFI itself. We are not asking others to do what we haven’t already done, he said.

MOFI CEO Dr. Armstrong Takang outlined a rollout that includes third-party evaluations, remediation plans, and public recognition through the annual MOFI Excellence Awards.

Backed by the World Bank, the initiative marks a shift in how Nigeria manages public wealth—with governance now central to growth, resilience, and investor confidence.

The introduction of the governance scorecard is a testament to the Federal Government’s commitment to transforming Nigeria’s economy. As the country moves forward, one thing is clear: transparency, accountability, and growth will be the guiding principles for the SOEs.

 

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FG GIVES UPDATE ON THE CRUDE AND REFINED PRODUCT SALES IN NAIRA INITIATIVE

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The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative has today convened an update meeting held in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presiding. The meeting reviewed progress and addressed ongoing implementation matters.

The stakeholders reaffirmed the government’s commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC). It stated that the Crude and Refined Product Sales in Naira initiative is a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market.

The Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all relevant parties. The initiative remains in effect and will continue for as long as it aligns with the public interest and supports the national economy.

The meeting was attended by the Chairman of the Implementation Committee, the Honourable
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Chairman of the Technical Sub-Committee and Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji; the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives of Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), the Nigerian Ports Authority (NPA), representative of Afreximbank, as well as the Secretary of the Committee, Hauwa Ibrahim.

The meeting underscored the government’s commitment to the Crude and Refined Product Sales in Naira initiative, a strategic move expected to have a lasting impact on Nigeria’s economy, fostering growth, stability, and self-sufficiency. This bold step positions Nigeria for success in the years to come

 

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