Abubakar, who is 77-years-old, was the standard-bearer of the Peoples Democratic Party (PDP) in the 2023 election.
The politician will be 81 by the time the next presidential election comes around in 2027.
Abubakar has run for the number one office six times but has been on the ballot as a presidential candidate on three occasions — 2007, 2019, and 2023.
Abubakar said he is consoled by the fact that former United States President Abraham Lincoln did not win the presidential vote on the first time of asking.
He also spoke about the crisis in the Peoples Democratic Party ,PDP, saying the party needs to be united and forge alliances with other political groups to win the presidential election in 2027.
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