There is a phenomenal global retreat from the core industrial development period to modern information years propelled by artificial intelligence (AI). It is a conscious transformation process that has galvanised the global desertion of secondary production-related activities. This study examined the socio-economic impacts on the communities that hosted the Eastern Bulk Cement Company (Eagle Cement) when it was functioning. This study is a qualitative research that adopted the case study research approach. Positive and negative socio-economic impacts were found when the company was operational until it was deserted. These helpful benefits include well-maintained access roads in the community, jobs created, and improved residents’ living conditions. Similarly, some of the adverse impacts include massive job losses, rising rival urban gangs leading to palpable insecurity, failed roads, insufficient healthcare services, and the formation of dilapidated and uninhibited properties. This study recommends that the government of Rivers State should revitalise the payback to community scheme, like the award of scholarships to indigent students in the community, to alleviate the difficulties most students face; the community should control the activities of the youth to minimise instances of vices; there should be an effective collaboration between the host community and government to enable the reinvigoration; and the government should make alternative arrangements to reassign the site to a new user.
