Eto'o, 40, has promised a wide range of reforms to thrive the sport.
"We have to bring footballers to the centre of our policies," he said afterwards. "It is our role to ensure that those who play this discipline make a decent living out of it."
The former Inter Milan and Chelsea star has also promised to construct at least 10 stadiums during his mandate.
https://twitter.com/CRTV_web/status/1469667707683549185"I've spoken to the business community and we're certain we'll get the right investors who can accompany us in fulfilling our goals," Eto'o had said prior to the polls.
Eto'o's candidacy had triggered popular attention with the proceedings of the gathering broadcast live on national Cameroon television.
He will now be head of Cameroon's FA (Fecafoot) when the country hosts the Africa Cup of Nations in January and February.
Among those giving up their candidacy on Saturday morning were former Cameroon internationals Maboang Kesack and Jules Denis Onana.
https://www.youtube.com/watch?v=yoD0pYqu1X4