The government of Equatorial Guinea has resigned after reportedly failing to meet its performance targets, the country’s Vice-President, Teodoro Nguema Obiang Mangue, has announced.
Mangue, who is the son of President Teodoro Obiang Nguema Mbasogo, disclosed the development in a post on 𝕏, stating that the cabinet stepped down after achieving “barely 10 per cent” of its set objectives.
The vice-president said public office holders must be held accountable for results, especially when they are entrusted with state resources to address the needs of citizens.
“The rule is simple: public responsibility has to come with results,” he wrote.
“The state puts significant human, material and financial resources at the disposal of the government to address the needs of the population. So the degree of execution achieved is clearly insufficient in relation to the expectations and commitments undertaken.”
Mangue, however, did not disclose the specific targets set for the outgoing cabinet or the areas where the government failed to meet expectations.
Naijaonpoint understands that President Obiang, who has ruled Equatorial Guinea since 1979, appointed the outgoing government in 2024.
The administration was led by Prime Minister Manuel Osa Nsue Nsua, a former central bank governor, who was tasked with implementing economic reforms aimed at improving conditions for the country’s poorest citizens.
However, two years after the government was inaugurated, the country’s economy has continued to struggle with a prolonged slowdown.
The challenges have been linked to declining oil production, reduced investment and external shocks affecting the oil-rich Central African nation.
Equatorial Guinea remains heavily dependent on petroleum, which accounts for the bulk of its export earnings and government revenue.
Despite repeated calls for diversification, the country has continued to face difficulties reducing its reliance on oil.
In a statement, the ruling Democratic Party of Equatorial Guinea said President Obiang was dissatisfied with the performance of the outgoing government, particularly its failure to diversify the economy.
The party said the administration had also failed to effectively advance agricultural development or reduce dependence on imported goods that could be produced locally.
