Nasiru Gawuna, the chairman of the Federal Mortgage Bank of Nigeria (FMBN) Governing Board, has stepped down.
Gawuna, a former Kano State governorial candidate for the All Progressives Congress (APC), is purportedly getting ready to join the African Democratic Congress (ADC) alongside former Kano State Governor Rabiu Musa Kwankwaso, according to Naija News.
The official defection is anticipated to occur on Tuesday, according to sources quoted by Daily Nigerian.
In a letter of resignation dated March 27, 2026, Gawuna stated that his decision is effective immediately and complies with President Bola Ahmed Tinubu’s order that political appointees resign in accordance with the Electoral Act before to future elections.
“My resignation is in strict compliance with the President’s directive that all political appointees resign in accordance with the Electoral Act’s provisions,” he declared.
Gawuna expressed gratitude to President Tinubu for allowing him to chair the FMBN governing board.
He claimed that the role allowed him to support the institution’s expansion and the advancement of the country.
He characterized his employment as a privilege that enabled him to contribute to bolstering the bank’s operations and promoting Nigerian housing development.
By transferring responsibilities in accordance with established protocols, the former board chairman promised to guarantee a seamless transition process.
He went on to say that he was giving God control over his future plans.
He declared, “I seek divine guidance for my next steps while placing my future in the hands of Allah (SWT).”
Gawuna had officially resigned from the APC before to leaving the FMBN board, a move that was commonly seen as a component of the political realignments ahead of the general elections in 2027.
