The 29-year-old has been out with the hamstring injury since early November.
Hull City manager Phil Brown has welcomed the return of Olofinjana, as they will be without midfielder Jimmy Bullard for six to eight weeks.
“There’s a lot said about one-man teams, but I don’t think we are and showed that against Everton (in a 3-2 win) when Jimmy couldn’t play,” he told the club’s official website.
“We produced some of the best football we’ve played all season in the first half against Everton and got three valuable points.
“With that in mind, you just have to get on with it. Hopefully, somebody will use this as an opportunity to impress.
“There are all sorts of options and all sorts of opportunities for people because of one man’s injury.”