Hope this help; The sebaceous glands of a human fetus in utero secrete a substance called Vernix caseosa, a "waxy" or "cheesy" white substance coating the skin of newborns.
The activity of the sebaceous glands increases during puberty because of heightened levels of androgens. In males, sebaceous glands begin to appear predominantly on the penis during and after puberty. This is however normal, not to be confused with an STD. In females, they appear predominantly in the labia minora.
yeah they do. So you think I'm good right?
Does your bump looks like these?
http://www.phac-aspc.gc.ca/slm-maa/slides/normvar/images/hel007.jpg
If so, they are not genital warts. They are called sebaceous glands.