A steel firm, African industries group, plans to invest $500 million in Ogun State.

The company is into steel and aluminium production.

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The group chairman, Raj Gupta, announced the proposed multi-million dollar investment while speaking to newsmen after a meeting with Governor Dapo Abiodun at the governor’s office, Oke Mosan, Abeokuta.

Gupta said the steel firm intends to employ 5,000 persons in the state through the proposed $500 million investment.

He told newsmen that his group was impressed with the level of infrastructural development in the state.

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