To use a proxy, you need a proxy server. The IP and port have to be from this proxy server. Login and pwd must be your user and password on the proxy server (if the proxy requires login).

From help.ubuntu.com site:

APT configuration file method

This method uses the apt.conf file which is found in your /etc/apt/ directory. This method is useful if you only want apt-get (and not other applications) to use a http-proxy permanently.

On some installations there will be no apt-conf file set up. Edit apt-conf file (or create a new one if you have no one yet) using the editor of your choice.

sudo nano /etc/apt/apt.conf

Add this line to your /etc/apt/apt.conf file (substitute your details for yourproxyaddress and proxyport).

Acquire::http::Proxy "http://yourproxyaddress:proxyport";

Save the apt.conf file.

If your proxy needs a login/password, substitute:

"http://yourproxyaddress:proxyport";

with:

"http://username:password@yourproxyaddress:proxyport";

using username and password from the proxy server.