Error 1044 in MySQL: Access denied when using LOCK TABLES

--single-transaction
Creates a consistent snapshot by dumping all tables in a
single transaction. Works ONLY for tables stored in
storage engines which support multiversioning (currently
only InnoDB does); the dump is NOT guaranteed to be
consistent for other storage engines. While a
--single-transaction dump is in process, to ensure a
valid dump file (correct table contents and binary log
position), no other connection should use the following
statements: ALTER TABLE, DROP TABLE, RENAME TABLE,
TRUNCATE TABLE, as consistent snapshot is not isolated
from them. Option automatically turns off --lock-tables.