Nicholas Maduro won with a narrow margin.
Mr. Maduro won 50.7 per cent of the votes cast to defeat his closest rival and opposition candidate, Henrique Capriles, who polled 49.1 per cent.
Mr. Capriles, who was also the main challenger against Mr. Chavez in last year’s election, has rejected the result and demanded a recount, saying Mr. Maduro was now “even more loaded with illegitimacy. He had lost last October’s election to Mr. Chavez with about 10 per cent.
He said there were more than 300,000 incidents from Sunday’s poll that would need to be examined, the BBC reports.
The National Electoral Council announced the result late on Sunday night.
The announcement led to huge celebrations in the capital, Caracas, where Mr. Maduro’s jubilant supporters set off fireworks and blasted car horns. Opposition voters banged pots and pans in protest.
In his victory speech outside the presidential palace, Mr. Maduro, wearing the colours of the Venezuelan flag, said the result was “just, legal and constitutional”.
He said his election showed Hugo Chavez “continues to be invincible, that he continues to win battles”.
The victor said he had spoken to his main challenger on the phone and that he (Mr. Maduro) would accept an audit of the result.
Mr. Maduro has been acting as president since the death of Mr. Chavez on March 5.
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