Upgrade from Ubuntu 20.04 to Ubuntu 22.04.3 LTS 'ubuntu-minimal' could not be located

[Arkadiusz Bicz]

Software Updater failed on update from Ubuntu 20.04 to Ubuntu 22.04.3 LTS with error:

Invalid package information

After updating your package information, the essential package 'ubuntu-minimal' could not be located. This may be because you have no official mirrors listed in your software sources, or because of excessive load on the mirror you are using. See /etc/apt/sources.list for the current list of configured software sources.
In the case of an overloaded mirror, you may want to try the upgrade again later.

ProblemType: Bug
DistroRelease: Ubuntu 20.04
Package: ubuntu-release-upgrader-core 1:20.04.32
ProcVersionSignature: Ubuntu 5.4.0-73.82-generic 5.4.106
Uname: Linux 5.4.0-73-generic x86_64
NonfreeKernelModules: nvidia_modeset nvidia
ApportVersion: 2.20.11-0ubuntu27.17
Architecture: amd64
CasperMD5CheckResult: skip
CrashDB: ubuntu
Date: Tue Jan 23 21:07:39 2024
InstallationDate: Installed on 2017-08-23 (2343 days ago)
InstallationMedia: Ubuntu 16.04.2 LTS "Xenial Xerus" - Release amd64 (20170215.2)
PackageArchitecture: all
ProcEnviron:
 LANGUAGE=en_US:en
 PATH=(custom, no user)
 LANG=en_US.UTF-8
 SHELL=/bin/bash
SourcePackage: ubuntu-release-upgrader
UpgradeStatus: Upgraded to focal on 2024-01-23 (0 days ago)
VarLogDistupgradeAptlog:
 Log time: 2024-01-23 21:07:05.562543
 Log time: 2024-01-23 21:07:08.609572
 Log time: 2024-01-23 21:07:28.130914
 Log time: 2024-01-23 21:07:41.306664
VarLogDistupgradeTermlog: