Nasiru Gawuna, Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), has resigned from the position.

Mr Gawuna, who was the All Progressives Congress (APC) candidate in the 2023 Kano State governorship election, announced his resignation in a letter dated 27 March

He stated that the decision takes immediate effect, noting that the move aligns with a presidential directive aimed at ensuring strict adherence to electoral laws ahead of upcoming political activities.

In the resignation letter, Mr Gawuna expressed gratitude to President Bola Tinubu for the opportunity to serve.

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He described his tenure as a privilege that allowed him to contribute to the growth of the FMBN and the nation’s housing sector.

“My resignation is in strict compliance with the President’s directive requiring political appointees to step down in accordance with the provisions of the Electoral Act,” the letter stated.

Mr Gawuna assured the board of a seamless transition, confirming he would hand over all official responsibilities following established procedures.

While his resignation has fueled speculation that he intends to contest an elective position in an upcoming cycle, Mr Gawuna has yet to formally declare his candidacy or specify the office he seeks and under which platform.

Kano APC governorship candidate quits FMBN board job

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