![NigeriaCement 1](https://ccf2up.com/wp-content/plugins/phastpress/phast.php/c2VydmljZT1pbWFnZXMmc3JjPWh0dHBzJTNBJTJGJTJGY2NmMnVwLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyMyUyRjA5JTJGTmlnZXJpYUNlbWVudC0xLmpwZyZjYWNoZU1hcmtlcj0xNzA1NDE4NzgyLTEzNzc3MiZ0b2tlbj04NzUyNDE3YjJiZmIxMTRm.q.jpg)
The Manufacturers Association of Nigeria (MAN) has disclosed that during the first half of 2023 the cement sales dropped by a substantial 30 percent. The Association attributed the decline to the government’s replacement of the Naira with a new central bank digital currency. The MAN also noted that the absence of cash access during this time frame resulted in a 20 percent decline in consumer goods sales.