He was subsequently admitted into Igbobi College Lagos for Advanced Level Studies, which he completed in 1981.
[5] In May 2001 he was appointed Special Assistant to the Governor of Lagos State Bola Tinubu on Legal Affairs and in 2003, working with the then Attorney General & Commissioner for Justice, Professor Yemi Osinbajo.
[6] and served in that capacity for four years until he was appointed a member of the Lagos State Executive Council and Special Adviser on Taxation and Revenue to the Governor Babatunde Fashola who succeeded Bola Tinubu in 2007.
[citation needed] He also supported the State Team to expand taxation of the informal sector and the harmonise of local government taxes.
On 11 October 2022, Ipaye was conferred with National Honours and designated Officer of the Order of the Federal Republic (OFR) by President Muhammadu Buhari, GCFR.