The NLM reported that all grant funds were spent on time. The NLM further reported that it had established a development agency, Nkonkobe Economic Development Agency (NEDA), in 2002 which is responsible for the implementation of municipal projects. This agency is 100 percent financed by Industrial Development Corporation. However, this agency has never been audited because its Board of Directors refuses to be accountable to the NLM, therefore they are considering closing it down. The NLM added that its Integrated Development Plan (IDP) is aligned with the Provincial Growth Development Strategy (PGDS) and it aims to address the six priorities of the PGDS which are poverty eradication; Agrarian transformation and food security; infrastructure; manufacturing diversification and tourism; human resource development; and public sector and institutional transformation.