ftp_connect function not working to connect with localhost in MAC

I have tried so many things but ftp_connect and ftp_ssl_connect are not working in my development instance.

I am using MAC and PHP8.1, I am trying to connect to localhost with the below simple script:

<?php
    
    // Connect to FTP server
    $ftp_server = "localhost";
    
    // Establish ftp connection
    $ftp_connection = ftp_connect($ftp_server, 22, 10)
        or die("Could not connect to $ftp_server");
    
    if($ftp_connection) {
        echo "Successfully connected to the ftp server!";
        
        // Closing connection
        ftp_close($ftp_connection);
    }
    
    ?>

This is always returning bool(false) instead of the FTP/Connection object. I have also checked the Firewall, it is disabled on my local machine.

Do we need to configure anything in order to work with it?

Thanks