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Kano APC chieftain Gawuna resigns as FMBN chairman amid defection rumour

The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has resigned from his position, signalling a potential political realignment ahead of developments in

Kano APC chieftain Gawuna resigns as FMBN chairman amid defection rumour
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March 30, 2026byAuthor 18229
2 min read
  • By Samuel Oamen

The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has resigned from his position, signalling a potential political realignment ahead of developments in Kano State.

Gawuna, a former governorship candidate of the All Progressives Congress (APC) in Kano, tendered his resignation in a letter dated March 27, 2026, stating that it takes immediate effect in line with directives from President Bola Ahmed 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 indicated that the former FMBN chairman is set to defect politically in alignment with Rabiu Musa Kwankwaso, a key political figure in Kano. He is expected to formally announce his move to the African Democratic Congress (ADC) on Tuesday.

In his resignation letter, Gawuna expressed appreciation to the President for the opportunity to serve, describing his tenure as a privilege.

“I am profoundly grateful to His Excellency, President Bola Ahmed Tinubu, for the confidence reposed in me to serve. 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 next steps, 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 smooth transition process.

“I remain committed to ensuring a smooth and orderly handover in accordance with all laid-down directives,” he said.

His resignation comes amid ongoing political realignments ahead of future elections, with observers noting that his anticipated defection could reshape alliances in Kano’s political landscape.

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