Gawuna Resigns as FMBN Chairman Amid Anticipated Political Defection

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By Our Correspondent

The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has resigned from his position, indicating a significant political move ahead of upcoming developments in Kano State and beyond.

Gawuna, who previously contested the Kano State governorship under the All Progressives Congress (APC), tendered his resignation in a letter dated March 27, 2026. He stated that the decision takes immediate effect and aligns with directives issued by President Bola Ahmed Tinubu.

In the letter, he explained that his resignation complies with the President’s directive requiring political appointees to step aside in line with the provisions of the Electoral Act.

Sources close to the situation disclosed that Gawuna has finalized plans to switch political allegiance in alignment with Rabiu Musa Kwankwaso, a key political figure in Kano. He is expected to officially declare his move to the African Democratic Congress (ADC) on Tuesday.

In his message, Gawuna expressed gratitude for the opportunity to serve under the current administration, describing his tenure as both an honour and a privilege. He thanked the President for the trust placed in him and noted that serving the country through the FMBN was a meaningful experience.

Reflecting on his future, he said he entrusts his path to Allah and seeks divine guidance in his next steps.

He also assured stakeholders of a smooth transition, pledging to hand over responsibilities in accordance with established procedures.

Gawuna’s resignation comes at a time of increasing political realignments ahead of future elections, with observers suggesting that his expected defection could influence political alliances in Kano State.

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