Diaspora Politics

Drama As ALL Equatorial Guinea Cabinet Members Resign Over Unmet Performance Targets

 

By Akanni Toba

 

President Teodoro Obiang Nguema Mbasogo of Equatorial Guinea is currently without cabinet members as he is steering the ship of the state alone.

This reality came to play following the wholesale resignation of the Federal Executive Council steering the ship of the state with Mbasogo.

The development was made public on Tuesday in a post on the official X handle of Teodoro Nguema Obiang Mangue, vice-president of Equatorial Guinea,

According to the post, Mangue, who is also the son of President Teodoro Obiang Nguema Mbasogo, said the cabinet quit after achieving “barely 10 percent” of its goals.

“The rule is simple: public responsibility has to come with results,” he said.

“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 did not specify what targets were set.

Mbasogo holds the record of the world’s longest-serving leader.

The Equatorial Guinea President has been at the helm for close to five decades having taken over the reins of power in 1979.

He appointed the outgoing government, which is tasked with administrative coordination, in 2024, with Manuel Osa Nsue Nsua as prime minister.

Nsua previously led the National Bank of Equatorial Guinea for more than a decade and was charged with implementing economic reforms that would benefit the poorest populations.

However, two years on, the country’s economy has continued to experience a prolonged slowdown driven by declining oil production, lower investment levels, and external shocks.

Like Nigeria, Equatorial Guinea is heavily reliant on petroleum.

Oil and gas accounts for the chunk of the country’s exports and revenues.

In a statement, the ruling Democratic ‌Party ⁠of Equatorial Guinea (PDGE) said the president was dissatisfied with the management of the outgoing government.

Mbasogo said the government had not implemented policies to diversify the economy especially in the agricultural sector, which would cut reliance on imported goods that can be produced locally.

With the resignation a void has been created in the nation’s government that needed to be filled urgently.

The president has, however, vowed to appoint a new government very soon.

 

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