Mimiko was born in Ondo State, Nigeria. He attended Ondo Anglican Grammar School in 1973 and Saint Joseph"s College from 1973 to 1977. He obtained a Bachelor of Science (Political Science) and Master of Science
(International Relations) from Obafemi Awolowo University in Ile Ife, Nigeria.
His areas of research interest are comparative political economy, development and transition studies and international relations.
The university was ranked the best state university by the United State Transparency International Standard (USTIS) in April 2014. Mimiko is the only vice chancellor delegate at the National Conference in Nigeria held in 2014 under the administration of President Goodluck Jonathan. Mimiko assumed office in January 2010 and was preceded by Philip Olayede Abiodun.
Mimiko has been described as an "erudite scholar" and is the author of several books
He wrote The Global Village, The Korean Economic Phenomenon and Crisis and Contradictions in Nigeria"s Democratization Programme, 1986–1993. He was a panelist at the 2005 University of Texas conference that examined how popular cultures have evolved and contributed to the character of Africa.
