Abstract: The study of eco-development impact of Nigerian Bottling Company, PLc (NBC), Coca Cola Industry was carried out to assess its activities (both positive and negative) on the biodiversity of the Area (Asejire in Egbeda L.G.A. of Oyo State). The study was carried out to determine the ecological and socio-economic impacts within the area. Ecological parameters were assessed by the use of two methods, first is the use of SYSTANAL checklist of ecosystem and random sampling of two sample plots (10 mx 10 m) in three villages (Iseke, Olukeye and Iyalode) of Asejire area. Secondly is the socio-economic parameter that was measured through the use of One hundred and fifty structured questionnaires, which were distributed to the three villages in the area. Analysis of water samples collected at 3 points was performed for water qualities parameters suitable for human use and aquatic survival. Parameters analyzed were Dissolved Oxygen Concentration, pH, temperature, turbidity and some heavy metals. Results showed that family Palmae (flora) and Archachatinidae (fauna) have the largest population abundance with 24.32 and 18.64%, respectively. Out of the 120 questionnaires retrieved, 52.50% attributed vegetational degradation from anthropogenic activities to proliferation of subsistence agriculture activities, while 18.33% was to industrial development through clear felling. About 35.83% indicated provision of water taps by industries as positive support to the community. The water sample collected showed a pH of 5.7, 6.3 and 6.5 at the point >A=, >B= and Dam, respectively. This is an indication of acidic water and might be toxic for human consumption except treated to comply with the WHO recommended pH 7, for safe and drinkable water.