libgpg-error-1.10 make install error

Abhilash Roy Gollamandala abhilashroy.g at
Sat Apr 7 06:15:51 CEST 2012

    I am getting the following error:

 /bin/bash ../libtool   --mode=install /usr/bin/install -c  ''
libtool: install: /usr/bin/install -c .libs/
/usr/bin/install: cannot create regular file
`/usr/local/lib/': Permission denied

Please help. Thank you.
P.S.: I tried searching in google. I tried searching your mailing list(only
2012,2011 ones). But in vain.
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