He beat Aminu Tambuwal and Senate President Bukola Saraki, who scored 693 and 317 votes, respectively.
The ex-vice president, who is from the northeastern state of Adamawa, in May told Reuters he would privatise parts of the state oil company and allow the naira currency to float to attract foreign investment if elected as head of state.
The party source informed that such people were already aware that they were holding the tickets in trust for former presidential aspirants as they had been well briefed before the convention. Atiku and Saraki, coming second place, had a total of 11 per cent, while Kwankwaso staggered behind with a slightly lower percentage of 10 per cent.
A top PDP source, which did not want to be named, confided in the Nigerian Tribune on Sunday that talks were already on to implement this initiative which had indeed been on the card well before the national convention.
"I am moved by the outcome of the convention and I promise you, I will not fail you".
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It also extended Liverpool's run without conceding a home league goal to 811 minutes. Don't lose the ball in the wrong moment, otherwise you have a big problem.
He said that all the aspirants are qualified to lead the country, having interacted with them since 1999.
"PDP is clearly the party to take over power".
"The PDP, therefore, charges INEC to stop blaming voters, accept responsibility for its failure to conduct credible elections and learn from our presidential primary as we approach the 2019 general elections". It is not a one man's job, it is a collective responsibility and I am prepared to listen to you, to take your advice, consult with you, work with you and together, we'll succeed and after we succeed, we shall all be partners in that success.
Political analysts have already dubbed the emergence of the two formidable candidates as standard bearers of the two mega parties as battle of political Titans.
In their reactions, some Nigerians believe Mr Abubakar is a worthy candidate able to challenge President Muhammadu Buhari in next year's election; others, however, say a younger and "less corrupt" candidate would have been a better option.
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