Adopting the MPH Model: Lessons from Singapore for Nigeria's Economic Development
Keywords:Meritocracy,, Pragmatism, Honesty,, Nigerian Economy,, Economic Development,, MPH Model..
This study aims to evaluate the potential for adapting the meritocracy, pragmatism, and honesty (MPH) model to the Nigerian context with the aim of promoting economic development in the country. The study begins by providing an overview of the MPH model and its success in Singapore. This is followed by an examination of the current state of the Nigerian economy and the challenges it faces. A comparative analysis of the MPH model in Singapore and the Nigerian economy is also conducted, highlighting key differences and similarities between the two contexts. The study also includes qualitative research methods, such as stakeholder interviews, to gain insights into the potential for adapting the MPH model to the Nigerian context and potential solutions for addressing corruption and improving the business environment. The results of the study suggest that adopting the MPH model in Nigeria could lead to increased economic growth, improved competitiveness, and reduced poverty and inequality. These findings provide valuable insights for policymakers, business leaders, and other stakeholders interested in promoting economic development in Nigeria.