▁office . ▁During ▁his ▁st int ▁at ▁the ▁planning ▁office , ▁the ▁department ▁was ▁act ively ▁involved ▁producing ▁the ▁third ▁national ▁development ▁plan ▁for ▁the ▁country ▁and ▁conduct ing ▁a ▁revision ▁exercise ▁after ▁a ▁change ▁in ▁government . ▁In ▁ 1 9 7 7 , ▁F ala e ▁was ▁appointed ▁permanent ▁secretary ▁( E conom ic ▁de pt ), ▁Cab inet ▁office . ▁ ▁In ▁ 1 9 8 1 , ▁he ▁became ▁the ▁Man aging ▁Director ▁of ▁Niger ian ▁Mer chant ▁Bank ▁( N MB ), ▁formerly ▁United ▁Domin ion ▁Trust . ▁In ▁F ala e ' s ▁ten ure ▁at ▁the ▁bank , ▁the ▁firm ▁increased ▁its ▁author ized ▁and ▁l ending ▁capital . ▁ ▁F ala e ▁returned ▁to ▁public ▁service ▁in ▁ 1 9 8 6 ▁when ▁he ▁was ▁appointed ▁Secretary ▁to ▁the ▁Government . ▁By ▁then , ▁he ▁believed ▁Niger ia ▁needed ▁economic ▁re - struct uring . ▁In ▁ 1 9 8 5 , ▁prior ▁to ▁his ▁appointment , ▁the ▁military ▁sought ▁the ▁public ▁opinion ▁of ▁an ▁IM F ▁economic ▁struct uring ▁proposal ▁as ▁a ▁condition ▁for ▁external ▁credit ▁from ▁the ▁fund . ▁The ▁popular ▁opinion ▁was ▁to ▁reject ▁the ▁proposal . ▁The ▁administration ▁then ▁came ▁up ▁with ▁Struct ural ▁Ad just ment ▁Program me ▁( S AP ). ▁S AP ▁was ▁a ▁proposal ▁to ▁divers ify ▁export ▁from ▁a ▁cru de ▁oil ▁dependent ▁regime , ▁ensure ▁fis cal ▁and ▁balance ▁of ▁pay ments ▁equilibrium ▁and ▁non - infl ation ary ▁growth . ▁The ▁mechan isms ▁to