ABUJA, NIGERIA — Former Deputy Governor of Kano State, Nasiru Gawuna, has stepped down from his position as Chairman of the Federal Mortgage Bank of Nigeria (FMBN), bringing an abrupt end to his tenure at the housing finance institution.
Sources within government circles confirmed that the resignation takes immediate effect and followed a directive linked to the administration of President Bola Ahmed Tinubu. While no official statement has been released detailing the circumstances surrounding the decision, insiders suggest the development had been anticipated after days of behind-the-scenes consultations.
Gawuna’s exit is believed to be closely tied to his evolving political ambitions, particularly his reported plans to defect from his current political platform to the African Democratic Congress (ADC). The move signals a potential realignment within Nigeria’s political landscape, especially in the northern region where Gawuna remains a prominent figure.
According to sources familiar with the matter, the former deputy governor has concluded arrangements to formally join the ADC, with the process expected to be finalized on Tuesday. His anticipated defection is also said to be in coordination with former Kano State Governor, Rabiu Musa Kwankwaso, who is reportedly considering a similar political shift.
The possible alignment between Gawuna and Kwankwaso has sparked interest among political observers, with indications that both leaders are engaged in broader consultations aimed at repositioning themselves ahead of future electoral contests. Analysts say such a move could contribute to the emergence of a stronger coalition capable of reshaping political dynamics, particularly in Kano State and the wider northern region.
Gawuna, who served as Deputy Governor of Kano State, has maintained a significant presence in regional politics and is regarded as an influential stakeholder. His decision to step down from the FMBN is therefore seen not only as an administrative change but also as a strategic step in his political trajectory.
The Federal Mortgage Bank of Nigeria, a key institution responsible for housing finance and mortgage support in the country, is yet to release an official statement regarding the leadership transition. However, internal sources indicate that administrative processes have already commenced to ensure continuity in the bank’s operations.
While details about a potential successor remain unclear, officials are expected to move swiftly to stabilize leadership within the institution and maintain its service delivery mandate.
The development underscores the ongoing fluidity within Nigeria’s political environment, where alliances and affiliations continue to shift in preparation for upcoming elections. Gawuna’s reported move, alongside that of other political heavyweights, may signal the beginning of a broader realignment that could influence party strengths and electoral strategies nationwide.
As attention turns to the expected formalization of his defection, stakeholders will be closely watching how the move impacts both the ADC’s political standing and the balance of power within Nigeria’s evolving party system.
