Folashade was born to the family of Alhaji Taju and Alhaja Nimosat Adeleye in Lagos State. She hails from Ijebu Ode, Ogun State. Folashade was a student of Lagos State Polytechnic, where she obtained her National Diploma certificate in Banking and Finance before obtaining a Bachelor of Science degree in Sociology from the University of Lagos.
Folashade married Razaq Okoya at the age of 21, at the time when her husband was 59 years old. The couple resides in Lagos, Nigeria with their four children, Olamide, Subomi, Oyinlola and Wahab.
Folashade is the sponsor of the Folashade Okoya Kids Cup, which held its maiden edition in December 2014 in partnership with the Lagos State Grassroots Soccer Association to celebrate kids at Christmas.
May God bless her new age
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