"We will register him for the campaign, he will be our prisoner candidate, he will carry out his campaign from prison and we will run it for him," Teixeira said, adding that Lula should be considered a "political prisoner" because he was a victim of injustice.
On Wednesday, the Brazilian Supreme Court voted to put Lula, 72, in jail pending his appeal to overturn a graft conviction.
READ MORE: WATCH Thousands Take to Streets as Brazil Court Votes to Jail Lula da Silva
Lula da Silva served as the president of Brazil two consecutive terms from 2003 until the end of 2010 with record popularity ratings. During his tenure, the country experienced the highest pace of economic growth in three decades. That is why da Silva's administration lavishly allocated money on social programmes, lifting millions of people out of poverty.