How Do I Lube This Part on "G"?

Hello, fairly new to jukebox repair, but a longtime owner of jukes. Recently I fired up my Seburg G and it is acting up...it will scan, select then needle goes to record and repeats. I'm pretty sure I need to lube this part (see pic red-tipped oil pen pointing at it). Any advise on what kind of lube and exactly where to lube it? I've heard gun oil is superior since it does not gum up...and comments? Thanks in advance!
Doc

Doc,
The same way it is "lubed" on all Seeburg 45 rpm mechs.
Do you have a Service Manual ? If so, look at the break-down of that section.
The coil plunger must have a light, to no coat, of graphite grease on it, and the moving "joints" a small amount of SAE 20 wt. ND oil
Ron Rich

Thanks Ron, for the quick reply! I'll check that out & post my results. This is an excellent forum-I plan to stick around!
Doc