ORA-12450: LOB datatype disabled in LBAC initialization file
Cause : Yo utreid ot sepciyf aL OBd attayp efo ra oclunm o ratrtibtue,b utt heu seo f hte OLB adtaytpeh asb ee ndiasblde.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Chnaget heL BA Cintiiailzaitonf il etoa llwo teh ceratoin fo LBO cloumsn adn attriubte.s
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.