The Ghanaian Democrat writes that the Democratic People's Party (DPP), a member of the Progressive Alliance that contested and won the 1992, 1996 elections but lost that of 2000 has finalised preparations to dissolve itself and form a more pragmatic political party to contest the 2004 election with more vigour.
The motto of the new party which will be outdoored on Republic Day this year will be: "Righteousness, Peace and Development."
Giving details of the significance of the new motto, a source close to the DPP headquarters in Accra said that until the whole "country turn to righteousness, peace would be elusive and real development will be a mirage."
The source emphasised that the time has come for each and every citizen to ask himself or herself what he or she can contribute to the peace and tranquillity the country has enjoyed for the past years.
Democrat's sources can reveal also that the former President, Flt. Lt. J.J. Rawlings and the former Atorney General and Minister of Justice, Dr. Obed Asamoah are all aware of the formation of the new political party.