It said the vessels, which were specifically approved for the Federal Department of Fisheries, would be used to curb illegal fishing on Nigeria’s territorial waters.
Osinbajo disclosed this in Abuja on Friday at the 10th Ministerial Conference of the Fisheries Committee for West, Central Gulf of Guinea.
He also said that the vessels would be managed in collaboration with the Nigerian Navy, adding that efforts by the government in reducing the importation of fish into Nigeria were yielding positive results.
The vice-president said that in the last two years, domestic fish production had increased from 450,000 metric tonnes to 1.1 million MT.
He told participants at the conference that opportunities abound in the Nigerian aquaculture industry given the size of the domestic market and Nigeria’s status as a gateway to West Africa.
In his remarks, the Chairman of the conference, James Kollie, urged participants to explore opportunities that would ensure adequate fishery resources in the region.