The government of Equatorial Guinea has resigned following criticism over its performance, alleged corruption, and failure to deliver on key development goals.
The announcement was made by Vice-President Teodoro Nguema Obiang Mangue, who disclosed that Prime Minister Manuel Osa Nsue Nsua had submitted the resignation of the entire cabinet on behalf of the government.
According to the vice-president, the administration achieved less than 10 percent of its expected objectives, prompting the decision to step down.
In a statement shared on social media, Obiang said the move reflected the principle that public officials must be held accountable for results.
“The degree of execution achieved is clearly insufficient in relation to the expectations and commitments undertaken,” he stated.
The resignation follows growing dissatisfaction from President Teodoro Obiang Nguema Mbasogo, who reportedly accused the outgoing government of poor management, encouraging corruption, and failing to implement policies aimed at diversifying the country’s economy.
A statement issued by the ruling Democratic Party of Equatorial Guinea said the president observed widespread misuse of public resources for personal interests and a lack of progress on major development projects.
The statement also highlighted concerns over the government’s inability to reduce the country’s heavy dependence on oil revenues by investing more aggressively in sectors such as agriculture and local production.
Equatorial Guinea remains one of Africa’s largest oil producers, with petroleum exports accounting for the bulk of government income. However, despite its natural resource wealth, a significant portion of the population continues to face poverty and limited economic opportunities.
The country’s economy has also struggled in recent years due to declining oil production and weaker global demand, increasing pressure on authorities to pursue economic reforms and diversification.
President Obiang, who has governed Equatorial Guinea since 1979 and is widely regarded as the world’s longest-serving head of state, is expected to appoint a new government in the coming days as efforts continue to address the country’s economic and governance challenges.
BBC