The Labour Party, LP, has said it would present its own presidential candidate during the 2019 election.
The party ruled out the adoption of a presidential candidate from another political party.
The Labour Party also said it was time to take over the affairs of the country and lift it to enviable heights.
Addressing reporters in Abuja on Friday, the National Chairman of the party, Dr. Mike Omotosho, also faulted the $1 billion earmarked by the Federal Government to be withdrawn from the Excess Crude Account to fight Boko Haram insurgency in the North- East.
He said, “We will not adopt a presidential candidate the way we have been doing in the past.
“We have an ideology that we are working with and we intend to build credible people.
“We are not going to be a platform for defectors anymore. We are going to have credible candidates that will remain after election and build the party.
“On the issue of the Federal Government earmarking $ 1 bn to be withdrawn from the Excess Crude Account to fight Book Haram insurgency in the North – East, we are concerned about the deployment of such a huge amount of money to just one area of the country.”