The government of Equatorial Guinea has resigned after failing to meet key performance targets set by the presidency, Vice-President Teodoro Nguema Obiang Mangue announced on Tuesday.

Mangue, who also serves as the country's vice-president and is the son of President Teodoro Obiang Nguema Mbasogo, said the cabinet achieved only about 10 percent of its assigned objectives.

In a post on X, Mangue said public officials must be held accountable for results, noting that the government had been provided with significant human, financial and material resources to address the country's needs.

“The rule is simple: public responsibility has to come with results,” he said, adding that the level of implementation achieved by the government fell far short of expectations and commitments.

Mangue did not disclose the specific performance targets that were missed.

President Mbasogo, who has ruled Equatorial Guinea since 1979 and is the world's longest-serving serving head of state, appointed the outgoing administration in 2024. The cabinet was led by Prime Minister Manuel Osa Nsue Nsua, a former governor of the National Bank of Equatorial Guinea.

Nsua was tasked with advancing economic reforms aimed at improving living conditions, particularly for lower-income communities. However, the country's economy has continued to face challenges, including declining oil production, reduced investment and external economic pressures.

Equatorial Guinea remains heavily dependent on the oil and gas sector, which accounts for the majority of government revenue and export earnings.

In a statement, the ruling Democratic Party of Equatorial Guinea (PDGE) said President Mbasogo was dissatisfied with the administration's performance.

According to the party, the president criticised the government's failure to implement policies aimed at diversifying the economy, particularly through agricultural development. He argued that greater investment in agriculture could reduce dependence on imported goods that can be produced domestically.

A new government is expected to be appointed in the coming days.