Abubakar polled 1,532 votes to defeat Saraki who came third with 317 votes followed by the former governor of Kano State Rabiu Kwankwaso who polled 158 votes.
He will be running against President Muhammadu Buhari, who is the candidate of ruling All Progressives Congress (APC), in the 2019 presidential election.
The senate president took a jibe at "doubting Thomases" who suggested that the convention would lead to some of the presidential aspirants walking away from the party.
"We believe that we have done well and that in his second term, he will do even better", Udoma said.
"We are all here", he said.
"This is a victory for all of us".
Pastor Tunde Bakare, on Sunday congratulated Alhaji Atiku Abubakar on his emergence as the People's Democratic Party (PDP) presidential candidate. 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.
However, 68 votes were void.
Bakare said Abubakar, just like Buhari, has the experience, the exposure and the acceptance expected of the country's president.
"I need your assurance, support assistance and participant".
He said the PDP and other political parties should learn from the process and improve upon it.
"Let me also commend my fellow competitors for displaying a sense of unity, a sense of goal and a sense of commitment".
The cleric who is a persistent critic of the Buhari administration has also indicated interest to run for the presidency at a year he is yet to disclose.
The handling of the economy has already emerged as a major issue at the start of the election cycle in Africa's top oil producer, which also plays a key role in regional wars against Islamist insurgents.
Japan to Skip Fleet Review Ceremony amid Flag Row with S
They say the flag is also widely recognized as identification for the Japanese military under an worldwide maritime convention. Japan was a key player in US -led efforts to isolate and punish North Korea over its nuclear weapons and ballistic missiles.
Chacin, Brewers blank Rockies 4-0, take 2-0 lead in NLDS
Carlos Gonzalez knows it and even mentioned it in his postgame comments after Friday's Game 2 shutout loss in Milwaukee. But Kimbrel rebounded to get the final three outs, striking out red-hot Yankees batter Luke Voit to seal the victory.
Kavanaugh confirmation sparks sharp reaction from celebrities
The Senate Judiciary Committee voted 11-10 on party lines on September 28 to move Kavanaugh's nomination to the full Senate. The only way we can get people to do what we think they should do is because people respect us, " Justice Elena Kagan said.
How Arsenal Transfer News Affect Their Odds to Win?
Other players rumored to be destined for Arsenal include; Sokratis Papastathopoulos, from Borussia Dortmund, and Saul Niguez. If they are rumored to buy an elite player, during the transfer window, they play well which increases the odds of winning.
Online Sports Betting Market Growth
Benefits With the market high, sports betting is an activity that receives a high level of support from online betting companies. More betters are opting to forego the long lines at the cashier's counter and the unavailability of their favorite machines.