Today while i was busy in the shop (21/7/2015), a woman in her early 70's brought a money to me that she owed my late dad. she bought a wrapper from him since 1975 and owed him 60 naira, she was unable to pay untill today. and she gave me a wooping sum of 60 naira and i was like what the fvck, 60 naira since 1975 still worth 60 naira today .

please can someone help estimated how much it would have worth by now if it was a loan from a bank?

Working on the calculation..............

Na waa for the woman.


that 60naira should have yielded interest nah.


Infact, 60naira since 1975, should amount to 60million naira in 2015.

missbronze:
Na waa for the woman.


that 60naira should have yielded interest nah.


Infact, 60naira since 1975, should amount to 60million naira in 2015.

should i sue her?

crotonite:





should i sue her?

,

She an old woman, No.

But, does she have eligible and single son?

Get him to marry you, in exchange of the debt they are owing ur daddy.

70 yr old woman? Just return the money to her. Tell her u've cancelled d debt. In fact buy extra wrapper dash her on top.

But some people can owe o..since 1975

it is either you are lying or the woman is. How can a wrapper be #60 in 1975, and it was worth 60million?

missbronze:
,

She an old woman, No.

But, does she have eligible and single son?

Get him to marry you, in exchange of the debt they are owing ur daddy.

See your fine life in 3D! Oya come with those your correct hips make I marry you sharply!!

crotonite:
Today while i was busy in the shop (21/7/2015), a woman in her early 70's brought a money to me that she owed my late dad. she bought a wrapper from him since 1975 and owed him 60 naira, she was unable to pay untill today. and she gave me a wooping sum of 60 naira and i was like what the fvck, 60 naira since 1975 still worth 60 naira today .

please can someone help estimated how much it would have worth by now if it was a loan from a bank?

For the woman in her 70s to come and pay the debt means she has a conscience that has been troubling her and she is trying to clear. Most people in their old age(the spiritually sound ones) usually try to mend fences so that when the time comes, they leave something akin to a clean slate behind. You should have actually told her not to worry and sent her on her way. 60naira in the 70s is equivalent to 6,000naira as of today.
I'm sure if she had met your father, he would have appreciated her willingness to payback after such a long time, but still send her back with her money, it's common sense. Most times it is not always about the money. I'm sure he would have forgotten that somebody was even owing him after all these years.

check well my dear...most tyms its not wat u see dats d main reason..do u knw d woman?hav u seen her b4??is she traceable?? Dese re way evil pple try to get back @ pple nd destroy dier life nd biz..u may add dat money to ur biz and boom...ur goin bankrupt....bad tins begin 2 happen and u askin how...pls do not add d money to ur personal savings or even biz money...confirm if dis womans story is genuie...dere must be sb who knws her or d supposed story...but well i may also be wrong..but jst thread wit caution

Qualer:


For the woman in her 70s to come and pay the debt means she has a conscience that has been troubling her and she is trying to clear. Most people in their old age(the spiritually sound ones) usually try to mend fences so that when the time comes, they leave something akin to a clean slate behind. You should have actually told her not to worry and sent her on her way. 60naira in the 70s is equivalent to 6,000naira as of today.
I'm sure if she had met your father, he would have appreciated her willingness to payback after such a long time, but still send her back with her money, it's common sense. Most times it is not always about the money. I'm sure he would have forgotten that somebody was even owing him after all these years.

may be she is scared that her days are numbered .

crotonite:


may be she is scared that her days are numbered .

Be careful. That money cannot add any value to your life at the moment. So learn to say I forgive you the debt on behalf of your father instead of allowing inexplicable yoke into your family.

For those estimating the value of N60 in 1975 to be N6,000 now, I do not think that will be correct. If brand new Peugeot 504 SR was sold N15,000 in 1987 and my University school fees was N60 (N50 tuition fee + N10 sport fee) in the 90s, then N60 of 1975 cannot be compared to N6,000 of today. At least I remember that I never got any paper note (but coins) as feeding money when 50 kobo was the least Nigerian paper note in my secondary school days in the 80s. So imagine what N60 would be like in 1975. That is why someone's comment may be right up here asking whether you or the old woman are/is telling the truth with N60 for wrapper in 1975. A wrapper cannot possibly be sold as costly as N60 in 1975. In fact, one popular salary increase workers celebrated in Nigeria's past was the one called "Udoji's money" that was given in the 70s by the then Minister of Finance, Udoji, in the pounds value comparably less than N60 you are talking about here.

Reject, return and write off any debt (you were not in the agreement or even born then) that will put you in lifetime bondage, if you believe such thing exists or is possible anyway.

arbitrage:


Be careful. That money cannot add any value to your life at the moment. So learn to say I forgive you the debt on behalf of your father instead of allowing inexplicable yoke into your family.

For those estimating the value of N60 in 1975 to be N6,000 now, I do not think that will be correct. If brand new Peugeot 504 SR was sold N15,000 in 1987 and my University school fees was N60 (N50 tuition fee + N10 sport fee) in the 90s, then N60 of 1975 cannot be compared to N6,000 of today. At least I remember that I never got any paper note (but coins) as feeding money when 50 kobo was the least Nigerian paper note in my secondary school days in the 80s. So imagine what N60 would be like in 1975. That is why someone's comment may be right up here asking whether you or the old woman are/is telling the truth with N60 for wrapper in 1975. A wrapper cannot possibly be sold as costly as N60 in 1975. In fact, one popular salary increase workers celebrated in Nigeria's past was the one called "Udoji's money" that was given in the 70s by the then Minister of Finance, Udoji, in the pounds value comparably less than N60 you are talking about here.

Reject, return and write off any debt (you were not in the agreement or even born then) that will put you in lifetime bondage, if you believe such thing exists or is possible anyway.

thanks for the advice!!


i am sorry i accepted the money. but the good news that i gave it to a beggar

as for the date, may be the old lady was exaggerating.

It's unbelievable you collected the the money from a 70 yr old. That is so terrible. Where I come from a two yr old would know he should never either for respect of spiritual reasons.

.

ayokellany since she was in a shop it is possible crotonite had collected the sum before being told what it was meant for considering also that she forwarded the money to someone in need.