The study was carried out in Igbo-Eze North Local Government Area of Enugu state. This study analyzed off-farm income diversification as a risk mitigation strategy. The study examined the socio-economic characteristics of the crop farmers: ascertained the various risks faced by crop farmers, examined the perception of the farmers on the various types of risks, identified different risk mitigation strategies used by the farmers, identified the socio-economic determinants of crop farmers’ choice of off-farm diversification as a risk mitigation strategy and examined the various off-farm income activities used by farmers. Multistage sampling procedure was used to select 100 respondents from five communities in the study area. Primary data were collected using well structure questionnaires. Descriptive statistics such as frequency distribution, mean, Tables and percentages were used to determine socio-economic characteristics of the crop farmers, the different risks faced by farmers, different risk mitigation strategies, off-farm income activities and perception of farmers on different types of risks while probit regression model was used to determine the factors that influence the choice of off-farm income diversification. The result showed that respondents were dominated by married (90%), females (63%) with mean age of 43 years and mean farm size of 5.0 hectares. Production risk doubled as the commonest (81%) and the most severe and catastrophic (3.00) in the study area. Majority of the farmers used income diversification (82%) as risks mitigation and coping strategy. Monthly income and access to credit were the significant (p<0.05) variables that influenced the choice of off-farm income diversification as a risk mitigation strategy in the study area. Petty trading (60%) tops the list of off -farm income activities by the crop farmers. The study recommends that Government should create an enabling environment so that the off–farm business activities engaged by the farmers will thrive.