The Chairman of the Federal Mortgage Bank of Nigeria, Nasiru Gawuna, has officially stepped down from his position, signaling the start of political shifts ahead of forthcoming elections.
Gawuna’s resignation, dated March 27, 2026, takes immediate effect and is said to be in compliance with directives tied to electoral laws.
The move also aligns with instructions issued by President Bola Tinubu, mandating political appointees seeking to participate in partisan activities to vacate their offices.
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In his letter, Gawuna expressed appreciation to the president for the opportunity to serve, describing his tenure as a meaningful period during which he contributed to national development through the bank’s housing finance mandate.
He also pledged to facilitate a seamless transition process.
Meanwhile, political sources indicate that the former Kano State APC governorship candidate may be on the verge of a major political move.
He is reportedly concluding plans to defect alongside Rabiu Kwankwaso, with both figures expected to join the African Democratic Congress (ADC) in the coming days.
