ORA-06262: NETNTT: nfconn() failed

Cause : The call to 'nfconn()' failed while attempting to establish a connection.

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update : 24-04-2017
ORA-06262

ORA-06262 - NETNTT: nfconn() failed
ORA-06262 - NETNTT: nfconn() failed

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    Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.