Problem in Local after install

[eduwass]

Getting the following error after installing in localwp:

Fatal error: Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.1.0".

Details

➜ wp help

Fatal error: Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30. in /Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php on line 24

Call Stack:
0.0051 367104 1. {main}() /Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar:0
0.0236 1024312 2. include('phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/php/boot-phar.php') /Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar:4
0.0240 1025616 3. include('phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/wp-cli.php') phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/php/boot-phar.php:11
0.0244 1034664 4. WP_CLI\bootstrap() phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/wp-cli.php:32
0.0448 1148312 5. WP_CLI\Bootstrap\AutoloaderStep->process($state = class WP_CLI\Bootstrap\BootstrapState { private $state = [] }) phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/bootstrap.php:78
0.0452 1149912 6. require('/Users/eduwass/.wp-cli/packages/vendor/autoload.php') phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/WP_CLI/Bootstrap/AutoloaderStep.php:52
0.0455 1150008 7. ComposerAutoloaderInit9cf89fccbd35b03a5dbcc7fa63e44594::getLoader() /Users/eduwass/.wp-cli/packages/vendor/autoload.php:7
0.0457 1150760 8. require('/Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php') /Users/eduwass/.wp-cli/packages/vendor/composer/autoload_real.php:25
0.0457 1151336 9. trigger_error($message = 'Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30.', $error_type = 256) /Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php:24

Variables in local scope (#8):
$issues = [0 => 'Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30.']➜ wp help

Fatal error: Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30. in /Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php on line 24

Call Stack:
0.0051 367104 1. {main}() /Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar:0
0.0236 1024312 2. include('phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/php/boot-phar.php') /Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar:4
0.0240 1025616 3. include('phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/wp-cli.php') phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/php/boot-phar.php:11
0.0244 1034664 4. WP_CLI\bootstrap() phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/wp-cli.php:32
0.0448 1148312 5. WP_CLI\Bootstrap\AutoloaderStep->process($state = class WP_CLI\Bootstrap\BootstrapState { private $state = [] }) phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/bootstrap.php:78
0.0452 1149912 6. require('/Users/eduwass/.wp-cli/packages/vendor/autoload.php') phar:///Applications/Local.app/Contents/Resources/extraResources/bin/wp-cli/wp-cli.phar/vendor/wp-cli/wp-cli/php/WP_CLI/Bootstrap/AutoloaderStep.php:52
0.0455 1150008 7. ComposerAutoloaderInit9cf89fccbd35b03a5dbcc7fa63e44594::getLoader() /Users/eduwass/.wp-cli/packages/vendor/autoload.php:7
0.0457 1150760 8. require('/Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php') /Users/eduwass/.wp-cli/packages/vendor/composer/autoload_real.php:25
0.0457 1151336 9. trigger_error($message = 'Composer detected issues in your platform: Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30.', $error_type = 256) /Users/eduwass/.wp-cli/packages/vendor/composer/platform_check.php:24

Variables in local scope (#8):
$issues = [0 => 'Your Composer dependencies require a PHP version ">= 8.1.0". You are running 7.4.30.']