The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has formally resigned, signaling a potential political realignment ahead of upcoming activities in Kano State and beyond.
Gawuna, a former All Progressives Congress (APC) governorship candidate in Kano, submitted his resignation in a letter dated March 27, 2026, stating that it takes immediate effect in compliance with directives from President Bola Tinubu.
“My resignation is in strict compliance with the President’s directive requiring all political appointees to step down in accordance with the provisions of the Electoral Act,” Gawuna wrote.
Sources familiar with the development said the former FMBN chairman is set to defect politically in alignment with Rabiu Musa Kwankwaso”], a prominent Kano political figure. He is expected to formally join the African Democratic Congress (ADC) on Tuesday.
In his letter, Gawuna expressed gratitude for the opportunity to serve, describing his tenure as both an honor and a privilege.
“I am profoundly grateful to His Excellency, President Bola Ahmed Tinubu, for the confidence reposed in me. It has been a privilege to contribute to the growth and development of the Federal Mortgage Bank of Nigeria and our great country,” he stated.
He also reflected on his future, saying, “I place my future in the hands of Allah (SWT) and seek His divine guidance in all my endeavors.”
Gawuna assured stakeholders of a seamless transition, noting that he would hand over responsibilities in line with established procedures.
“I remain committed to ensuring a smooth and orderly handover in accordance with all laid-down directives,” he added.
His resignation comes amid heightened political realignments ahead of forthcoming elections, with analysts suggesting that his defection could reshape alliances in Kano’s political landscape.
