Oloyede, 70, died Monday morning at his residence in Festac Town, Lagos.
He was the former President of Independent Television Producers Association of Nigeria (ITPAN) and also the producer/director of popular TV drama series, Tightrope, amongst several other productions.
Until his death, Oloyede ran his own production outfit, “Media International Production”.
He is survived by also a veteran broadcaster Bimbo Oloyede, a guest newscaster on Channels television.