Why podman command fails with the error "Error: cannot set up namespace using "/usr/bin/newuidmap": exit status 1" in Red Hat Enterprise Linux ?

Issue

• Why podman command fails with the error "Error: cannot set up namespace using "/usr/bin/newuidmap": exit status 1" in Red Hat Enterprise Linux ?

[testadm@redhat.com ~]$ podman login registry.redhat.io
ERRO[0000] running `/usr/bin/newuidmap 34048 0 1503 1 1 165536 65536 65537 200000 65537`:
Error: cannot set up namespace using "/usr/bin/newuidmap": exit status 1

dmesg also has the following warning

 warning: `/usr/bin/newuidmap' has both setuid-root and effective capabilities. Therefore not raising all capabilities.