The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has resigned from his position, marking a significant political development ahead of emerging realignments in Kano State and the wider national political landscape.
Gawuna, a former governorship candidate of the All Progressives Congress (APC) in Kano, confirmed his resignation in a letter dated March 27, 2026, stating that it takes immediate effect and aligns with directives issued by President Bola Ahmed Tinubu.
In the letter, he noted that his decision was made in compliance with the President’s directive requiring political appointees to step down in line with provisions of the Electoral Act.
“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,” he stated.
Gawuna also expressed appreciation to President Bola Ahmed Tinubu for the opportunity to serve, describing his tenure at the Federal Mortgage Bank of Nigeria as an honour and privilege.
“I am profoundly grateful to His Excellency, President Bola Ahmed Tinubu, for the confidence reposed in me to serve,” he said, adding that he remained committed to ensuring a smooth transition process in accordance with official procedures.
Sources familiar with the development, however, indicate that Gawuna is preparing for a political realignment expected to align him with Rabiu Musa Kwankwaso, with plans reportedly underway for a formal move to the African Democratic Congress (ADC).
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He is expected to officially announce his defection on Tuesday, a move analysts believe could significantly reshape political alliances in Kano ahead of future elections.
In his resignation letter, Gawuna reflected on his public service journey, thanking the administration for the trust placed in him.
“I remain committed to ensuring a smooth and orderly handover in accordance with all laid-down directives,” he added, while also expressing personal reflection by entrusting his future to divine guidance.
Political observers say his resignation and anticipated defection come amid increasing political realignments across the country, particularly in the North, where shifting alliances are expected to influence electoral strategies ahead of the next general election.
The development is already generating reactions within political circles, with analysts noting that Kano State remains a critical battleground in Nigeria’s evolving political equation.