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Gawuna steps down as FMBN board chairman ahead of 2027 elections
Former All Progressives Congress governorship candidate in Kano State, Nasiru Gawuna, has stepped down from his role as Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria.
In a resignation letter dated March 27, 2026, the former Deputy Governor of Kano State said his exit from the position takes immediate effect.
He explained that the decision follows a directive by Bola Tinubu, which requires political appointees with ambitions to contest in the 2027 general elections to resign in line with the Electoral Act.
Gawuna expressed gratitude to the President for the opportunity to serve, describing his tenure as a privilege that enabled him to contribute to the development of the bank and the country at large.
“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 wrote.
He added that he was placing his future “in the hands of Allah (SWT)” while seeking divine guidance for his next steps.
Gawuna also assured that he would ensure a smooth transition by handing over all responsibilities in line with established procedures.
Prior to his resignation as FMBN chairman, Gawuna had formally resigned his membership of the ruling party.
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