Equatorial Guinea government resigns after missing targets, vice president says
Vice-President Teodoro Nguema Obiang Mangue said the cabinet met only 10% of its targets and a new government will be appointed.
- On Tuesday, Equatorial Guinea's government resigned after failing to meet performance targets, Vice-President Teodoro Nguema Obiang Mangue announced. Prime Minister Manuel Osa Nsue Nsua presented the collective cabinet resignation.
- Vice-President Obiang Mangue stated the resignation aligns with "the principle that responsibility in public management must be accompanied by results," as the government reached barely 10% of its targets.
- President Teodoro Obiang Nguema Mbasogo observed the government fostered corruption and misused state resources, according to a Democratic Party statement. The president also noted failure to diversify the economy beyond oil.
- A new government is expected to be appointed following the collective resignation. The PDGE noted the move is part of "institutional reorganization processes" aimed at adapting structure to state priorities.
- Despite oil wealth, much of the 1.8m population faces rampant poverty amid recent economic decline. The government had implemented infrastructure initiatives, yet failed to meet broader development expectations.
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35 Articles
Associated Press News
Equatorial Guinea government resigns after missing targets, vice president says
Equatorial Guinea's government has resigned after achieving only about 10% of its goals, according to Vice President Teodoro Nguema Obiang Mangue.
Equatorial Guinea's govt resigns over poor performance
The outgoing administration was appointed in 2024 as part of efforts to improve governance and accelerate economic reforms. The post Equatorial Guinea’s govt resigns over poor performance appeared first on Premium Times Nigeria.
The Guardian Nigeria
Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.Equatorial Guinea Government resigns over unmet performance targets
The government of Equatorial Guinea has resigned after reportedly failing to meet its performance targets, Vice-President
The Straits Times
The PrintEquatorial Guinea government resigns due to missed targets, VP says
DAKAR, June 16 - Equatorial Guinea's government resigned on Tuesday after failing to meet its objectives, the West African oil-producing country's Vice President Teodoro Obiang Mangue said. Read more at straitstimes.com.
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