FMBN Chairman Nasiru Gawuna resigns ahead of political activities

FMBN Chairman Nasiru Gawuna has resigned effective immediately after submitting his resignation letter on March 27, 2026. The former APC governorship candidate stepped down following President Bola Tinubu's directive requiring political appointees to comply with the Electoral Act ahead of upcoming political activities.

In his letter, Gawuna thanked President Tinubu for the opportunity to serve, calling it a privilege to contribute to both FMBN's growth and Nigeria's development. He explicitly stated his resignation aligns with the President's directive for all political appointees to step down in compliance with electoral laws. The board chairman, who placed his future 'in the hands of Allah (SWT)', assured a smooth transition and committed to handing over responsibilities properly.

This resignation highlights the administration's push to enforce Electoral Act provisions that bar political appointees from retaining positions while planning to contest elections. With political activities approaching, more appointees with political ambitions may follow suit. The Federal Mortgage Bank of Nigeria, which oversees housing finance policies, must now quickly appoint new board leadership.

For everyday Nigerians, this signals that political seasons trigger administrative reshuffles. If you work in government or with government agencies, expect more transitional announcements. The bottom line: electoral compliance is being strictly enforced this cycle.

SOURCE: https://dailypost.ng/2026/03/30/fmbn-chairman-nasiru-gawuna-resigns/