Derby County’s chief executive has told the first-team squad that the club is unable to currently afford to pay them their outstanding wages from December, but is working to address the problem. Most of Derby’s first-team squad were only paid 50 per cent of the money that was due to them on December 15 and were told the rest would be paid in full, together with their current month’s wages, on January 15. But, repeated delays in the protracted takeover by Sheikh Khaled’s Derventio Holdings has meant the club has a major cash flow problem. After a number of missed deadlines, it had been hoped that the deal would be concluded on Tuesday night, but the purchase of the club remains incomplete. Sky Sports News has been told that there is a legally binding agreement between the two parties for th...
File Photo The Trade Union Congress of Nigeria, TUC, has expressed disappointment over the latest hike in electricity tariff, describing is as a betrayal of trust. TUC, in a statement by its President and Secretary-General, Quadri Olaleye, and Musa-Lawal Ozigi, respectively, said: “We are disappointed by the recent hike in electricity tariff, while negotiations were ongoing with the Organised Labour on the last hike because of the untold hardship it has brought on the workers and Nigerians as a whole. “Sometimes we wonder why this government espouses unfriendly policies that are capable of crippling the economy. “There are many companies that have either closed shops or relocated to neighbouring countries because they cannot afford to pay the last tariff hike, yet this government has done ...