The governorship candidate of the Lagos State Peoples Democratic Party (PDP), Jimi Agbaje, has conceded defeat and congratulated Governor-elect Babajide Sanwoolu of the ruling All Progressives Congress (APC).

He called the APC flag bearer at 7.07pm, wishing him well as winner.

An excited Sanwoolu, who is at the party office on Acme Road, Ogba, Ikeja to give his acceptance speech, thanked him for the kind gesture.

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Announcing the result at the state collation center,  the returning officer, Eyitope Ogunbodede, who is the Vice-Chancellor of Obafemi Awolowo University (OAU), Ile Ife, said Sanwo-Olu polled 739,445 votes ahead of Agbaje, who polled 206,141 votes.

Sanwo-Olu won in all the 20 Local Government Areas with wide margin with Agbaje coming a distant second.

No fewer than 45 political parties and candidates participated in the election.

Accord Party scored 4,122; AAC; 1078; ADP 511; ACD 917; AD 3,370; ADC 3,544; ADD 4,780; ANN 389; ANP 359; NCP 712; Labour Party 392; among others.

Sanwo-olu will take over from Akinwumi Ambode, who he floored at the APC primaries last year.