National chairman of Labour Party, Chief Dan Nwanyanwu, Tuesday gave an indication that he will be stepping down as chairman of the party.
Chief Nwanyanwu was reportedly to have announced his decision to leave his seat as the chairman of the party at the National Working Committee (NWC) meeting of the party held at its national secretariat in Abuja.
Nwanyanwu was said to delivered what appeared to be his valedictory speech during the NWC meeting, informing other national officials about his intention to quit office and to allow his successor to emerge during the party’s convention scheduled for next month, according to a reliable source.
Nwanyanwu has been holding the position since 2004 and has completed two terms.
It was also gathered that some party stakeholders have tried to advise him against the decision and continue to be the chairman of the party since its constitution does not set a limit to the tenure of the party chairmanship.
“Many of us would want him to continue in office. There have been pressures from stakeholders for him not quit but to stay further since the constitution does not provide any limit or tenure for the office of the chairman. No doubt his tenure has helped to build the party to a great heights,” the source said.
But the source informed that despite pressure on him to stay back,he was said to have stood by his decision to leave office which according to the source may not be unconnected with the defection of the Ondo State Governor, Dr. Olusegun Mimiko who was his most trusted allies in the party to the People’s Democratic Party (PDP).