It is reported that Nigerian Federal Government will establish an iron and steel company at Gusau in Zamfara State.

The state governor Mr Alhaji Mahmud Aliyu Shinkafi said that the establishment of the company in the state was based on the discovery of large deposit of iron ore, gold, silver and copper in the state as a result of the findings conducted by some foreign experts and geologists from Ahmadu Bello University.

According to him, the identification of these bounties in the state made President Mr Umaru Musa Yar’Adua to direct the federal ministry of industries to explore the possibility of establishing the company in the state, adding that the project, when completed, will lure investors to the state.