Oladipo attended St. Johns Catholic Grammar School, Ile-Ife, from 1972 to 1976. During this period, he achieved a Grade 1 in the West African Senior Certificate Examination. He then pursued his bachelors degree in Chemistry (Education) at Obafemi Awolowo University (formerly University of Ife), Ile-Ife, graduating with Second Class (Upper Division) honors in 1981. Following his undergraduate studies, he continued his education abroad at the Université Claude Bernard, Lyon I, Villeurbanne, France, where he obtained an MPhil and a PhD in Analytical Chemistry (Nuclear Techniques)  With more than five publications in 1984-1988, under the active supervision of Professor JP Thomas.