Mr Talabi was born on 20th May, 1964. He attended Ahmadiya Primary School, Elegbata, Lagos, Trinity Foundation Technical School, Apapa, Lagos from 1977-1978. He obtained his West African School Certificate from Methodist Boys High School, Lagos in 1982.
Mr Talabi attended Ogun State University, Ago Iwoye where he obtained a BSc in Accounting in 1988. He also has a master’s degree in Financial Management from the Lagos State University in 1998. He is a member of association of National Accountants of Nigeria and Chartered Institute of Taxation.
Mr. Talabi is married with children.