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Home Kano

Dr. Nasiru Yusuf Gawuna Assumes Duty as Chairman of Federal Mortgage Bank of Nigeria

Umar Idris Shuaibu by Umar Idris Shuaibu
May 27, 2025
in Kano, National, News
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Dr. Nasiru Gawuna

Dr. Nasiru Gawuna

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Umar Idris Shuaibu, Kano

Dr. Nasiru Yusuf Gawuna, the All Progressives Congress (APC) gubernatorial candidate in the 2023 Kano State elections, officially assumed office on Tuesday as the Chairman of the Board of the Federal Mortgage Bank of Nigeria (FMBN).

His resumption follows his swearing-in on Monday by the Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, in Abuja. The ceremony is part of the federal government’s ongoing efforts to strengthen critical institutions responsible for housing delivery and mortgage financing across the country.

Speaking shortly after taking charge, Dr. Gawuna expressed his gratitude to President Bola Ahmed Tinubu for the opportunity to serve and pledged to work diligently toward advancing the bank’s mission of providing affordable housing to Nigerians through accessible and sustainable mortgage financing.

“I am deeply honoured by this opportunity to serve the nation in this capacity,” Gawuna said. “Housing is a fundamental need, and I will collaborate with all stakeholders to ensure that the Federal Mortgage Bank fulfills its mandate of helping low- and middle-income earners become homeowners.”

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Dr. Gawuna brings with him decades of public service experience, having served as Deputy Governor of Kano State under former Governor Abdullahi Umar Ganduje, and as Commissioner for Agriculture, where he was recognized for initiating numerous development programs within the agricultural sector.

During the swearing-in, Minister Dangiwa urged Gawuna and other board members to uphold transparency, integrity, and commitment to the bank’s core objectives. He stressed the importance of improved service delivery and active stakeholder engagement to meet the rising demand for housing in Nigeria.

The Federal Mortgage Bank of Nigeria plays a pivotal role in the implementation of the National Housing Fund (NHF) Scheme, providing affordable mortgage loans, construction finance, and funding support to housing developers and cooperative societies nationwide.

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Observers believe that Dr. Gawuna’s political and administrative experience along with his strong grassroots connections positions him well to strengthen the bank’s reach and impact, especially at the state and community levels.

His appointment is widely seen as part of the federal government’s broader strategy to reposition key institutions by appointing technocrats and politicians with proven track records of performance and public service.

 

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