- Nigerian Manufacturers revealed cement sales declined due to currency crises earlier in the year
- According to a report by the association, the action almost sent a lot of manufacturers out of business
- They added that this led to a decline in their working capital
The Manufacturers Association of Nigeria reported that at the height of the currency crisis earlier this year, cement sales decreased by 30%.
The group also claimed that a 20% decrease in consumer goods sales occurred during this time due to a lack of access to cash.
