The study assessed the level of awareness and knowledge of parents and children in the Child Rights Act and determined the level of implementation of Child Rights. The study adopted a survey research design. The population consisted of parents from the major three ethnic groups (Hausa, Igbo, and Yoruba) in Ibadan, Oyo State, Nigeria. The multi-stage sampling procedure was employed for the study. The sample size consisted of 120 parents and 120 children. Two self-designed instruments were administered on the participants. Three research questions were answered and two hypotheses tested. The data obtained were analyzed using frequency count, percentage, and One- Way ANOVA. The results revealed that (51.7%) of parents and (53.3%) of children were aware of the Child Rights Act. It further revealed that 76.7% of parents had a high level of knowledge of Child Rights. It also revealed the level of implementation of some specific rights by the parents. Also, the results revealed that there was a significant difference between the level of awareness and knowledge of parents based on their various tribes at 0.05 significant level(p<0.5). The findings provided information on aspects of child rights that parents need to pay more attention to so as not to deny the children of the rights.