City of Yarra mayor Stephen Jolly is set to challenge current lord mayor Nick Reece.

Jolly broke the news on 3AW Drive, explaining his decision to run for the top job.

“Melbourne is not going too bad, but it’s underwhelming,” Jolly told Jacqui Felgate.

Press PLAY to hear him explain his decision

“He’s a friend actually, but I’m not convinced that they’re using the full resources of the City of Melbourne for the people of Melbourne.”

Images: Michael Willson/Getty, 3AW