Gawuna Resigns As Board Chairman Of Federal Mortgage Bank

Former Deputy Governor of Kano State and 2023 APC gubernatorial candidate, Nasiru Yusuf Gawuna, has resigned from his position as the Chairman of the Board of Directors of the Federal Mortgage Bank of Nigeria.

The development comes amid speculations of his political realignment with Senator Rabi’u Musa Kwankwaso, to join African Democratic Congress (ADC).

Gawuna has officially resigned from his position as Board Chairman of the Federal Mortgage Bank. This decision has sparked discussions regarding his potential political realignment with Senator Rabi’u Musa Kwankwaso, as he considers joining the African Democratic Congress (ADC).

The implications of Gawuna’s departure and shift in political affiliation may have significant impacts on both the Federal Mortgage Bank and the broader political landscape. Stakeholders are closely monitoring these developments to assess their future ramifications.

A statement issued by the former deputy governor indicated that the resignation will take effect from tomorrow, Tuesday, March 31, 2026.

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In the statement, Gawuna said that he was resigning in compliance with the directive of the President requiring all political office holders who wish to contest for the post to vacate their positions in compliance with the electoral law.

In a letter sent by Gawuna to the Secretary to the Government of the Federation, Gawuna thanked President Tinubu for his confidence in his appointment as the Chairman Governing Board of the Federal Mortgage Bank of Nigeria FMBN.

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It can be Recall that last week, there were rumours that the former deputy governor, who is seen as the right-hand man of the former APC national chairman, Abdullahi Ganduje, would be leaving the APC, under which he contested for the governorship seat in 2023.