The Labour Party (LP) is a social democratic political party in Nigeria. The party was created in 2002 and was previously known as the Party for Social Democracy (PSD) before changing to its current name the following year. Built on the ideology of social democracy, the party aims to promote and defend social democratic principles and ideals for the purpose of achieving social justice, progress and unity.
On 27 May 2022, the party's membership and support increased drastically as the former governor of Anambra State, Peter Obi, joined the party shortly after he quit the People's Democratic Party (PDP) in a bid to run for the 2023 Nigerian presidential election. Labour Party, formerly known as Party for Social Democracy (PSD) is one of the parties registered by the Independent National Electoral Commission(INEC). However even before the registration exercise, the Labour Party was an organization reality. This is more o given its antecedents, which derive from a rich heritage of progressive and labour-based intervention in national politics, dating back to the struggle/or national independence from British Colonialism..
First Republic constitutional rule with all its imperfections heralded planned growth and development hitherto denied by colonial dictatorship until military intervention in 1966 which disrupted the process of democracy in Nigeria.Three decades of military rule undermined democracy-its norms and values-national development, promoted disunity and perfected the phenomenon of wealth without enterprise through corruption. It also created the condition for the preeminence of ethnic consciousness as against nationalism, thus, perpetrated and deepened the crisis of nation building.
The return to civil and proclamation of the constitution in 1999 once again has raised the prospect that democracy in Nigeria has come to stay.
The imperatives of today therefore demand that all genuine social democrats, patriots and progressives must at this historic juncture salvage and liberate the nation along the path to democratic renewal and development the new challenge calls for a new social contract that must bring together committed and altruistic political actors for democratic consolidation in Nigeria.
The Labour Party will address the issue of political power not as an end, bust as the vehicle for the transformation of the country and for governance consistent with the ideology of Social Democracy.
Consequently, the principles of our Party shall be humanistic, patriotic, panAfrican and socialist, because it is established to promote and defend the rights and welfare of the masses and indeed the entire humanity. We shall uplift the conditions of life of all, the prosperity and stability of the nation and guarantee the reign of equity and justice.
The ideology of our Party derives from its orientation and social base which is people-oriented and all inclusive.