With 764 of Nigeria's 774 local government districts having declared their results, Obasanjo had an unassailable lead and passed the minimum threshold for victory with 25 percent support in at least two thirds of Nigeria's 36 states.
With 41,331,691 votes counted, Obasanjo had 24,109,157 or 61.8 percent of the vote, while his main challenger Muhammadu Buhari trailed on 12,495,326 or 32 percent.
A spokesman for the Independent National Electoral Commission (INEC), Steve Osemeke, told reporters that a news conference would be held at 6pm (1700 GMT) to announce the winner.
Obasanjo's aides said the president would speak shortly afterwards - Sapa-AFP
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