There is a grease nipple dead smack in the middle of that beautifully done alloy casting.
Replace the silly original type with a modern one, attach a good grease gun to it, and pump away.
Grease guns can apply serious pressure, so with any luck grease may be forced through to where its needed. Of course, if the seizure is above the nipple and the grease all goes downwards, or vice versa, then it may be no help - but it has to be worth a try. It must have been a lazy PO that let the grease dwindle to the point of allowing rust, plunger suspension is totally reliant on those alloy sliders being free to move.
P.S. Have you tried a good sharp WAP with a heavy hammer down on the rod, any initial movement may free it off ? Probably with the wheel still fitted to restrain it all, and the frame jacked up a bit