On the third day of Ghana's general election, Ghanaians are waiting for the official results, with some of the ruling National Democratic Congress (NDC) supporters sounding upbeat about the victory.

Dozens of supporters of the ruling NDC, in a jubilant mood in anticipation of an electoral victory, have poured onto the streets of the capital and other parts of the West African country.

Joy fm, a private local media, has projected that incumbent John Mahama is the likely president-elect of Ghana.

Mahama polled 50.52 percent of the total votes cast to beat his closest competitor Nana Akufo-Addo of the New Patriotic Party (NPP) , who gained 47.88 percent based on the votes of 262 constituencies out of all the 275.

Sylvester Agbai, a 38-year-old entrepreneur, told Xinhua he was happy Ghanaians had renewed the mandate of the NDC for President Mahama to continue the good work of his predecessor, the late John Atta Mills.

"I am in this happy mood because God has listened to our prayers. Even though the EC has not declared the results, we already know the outcome and have started with the celebrations ahead of time," he said.

The Electoral Commission has said the results of the polls will, however, be officially declared 72 hours after polls.

Kwadwo Owusu-Afriyie, general secretary of the NPP, told in a press briefing late Saturday that NPP presidential candidate Akfuo- Addo won as he got 51.03 percent against incumbent President Mahama's 45.50 percent based on their own collated results.

Angela Numo, a student and sympathizer of the ruling party, was modest in her celebration, saying she was scared that members of the leading opposition party had already started to register their protest ahead of the official declaration of the polls.

She said, "Well, I know we are leading but let us wait for the Electoral Commission to make the announcement of who has won and lost and then we can take it from there."

A sympathizer of the opposition NPP, Kojo Bampo, said he was not in a jubilant mood as a supporter of the NDC, because the EC which had the mandate of declaring results had not done so but, per their calculations and projections, they were on course of getting the ruling party out of government.

"They know they have lost the election that is why they are doing all kinds of things but we are not perturbed. We will wait for the EC to officially come out with the certified results; what they are jubilating over are all provisional results," he stressed.

Ghana is widely regarded as the leading African democracy model as it experienced smooth power transition in 1992 in contrast to its neighboring Cote d'Ivoire.

Former Nigerian president Olusegun Obasanjo on Sunday commended Ghanaians for the significant strides made in their democratic dispensation.

Obasanjo, who is also the leader of the Economic Community of West African States (ECOWAS) and African Union (AU) Observer Mission, made the comments when he met President Mahama at his residence.

He said the presidential and parliamentary elections, which nearly marred by the malfunctioning of the newly introduced biometric verification devices (BVDs), did not deter the people from proving to the international community that the country was capable of living up to the task of ensuring a free, fair and credible polls.

"We (Nigerians) hope to join you (Ghana) soon as vanguards of democracy," the former Nigerian leader said.

All the eight presidential candidates signed a peace pact on Nov. 27 in a bid to ensure they commit to a peaceful election process.

The police administration has deployed some 41,000 security personnel to the 26,000 polling stations across the country, and positioned reserves at vantage points to assist the patrol teams that will respond to any public disorder. Till now no mass violence was reported.