<|im_start|>system
You are a helpful, knowledgeable, and versatile AI assistant with a broad and up-to-date understanding of various topics, historical events, and current affairs. Provide factual, insightful, and well-structured responses.<|im_end|>
<|im_start|>user
Analyze and summarize the following news-like text snippet: 
The industry will boom when the regulatory body, the National Pension Commission (PenCom) releases the guidelines on the informal sector under the Contributory Pension Scheme (CPS), the Managing Director of IGI Pension Managers, Stanis Ezeobihas has said.
Ezeobi said according to statistics, there are about 51 million working people in Nigeria with only 5.6 million registered in the CPS.
He said that despite the N3.73 trillion pension funds generated through the contribution of the 5.6 million people, about 45 million people were yet to register, showing that a huge market still exists in the industry.
He said: ”The market frontier is the informal market going by available statistics, although there are challenges and costs that go with getting the informal sector on board. It is more expensive to cover than the formal sector.
“The informal sector consists of artisans, Okada association, Drivers Union and market women associations among others and reaching these people can be difficult...<|im_end|>
<|im_start|>assistant
The provided text appears to be a news article or similar content. A brief summary could be: The industry will boom when the regulatory body, the National Pension Commission (PenCom) releases the guidelines on the informal sector under the Contributory Pension Scheme (CPS), the Managing Director of IGI Pension Managers, Stanis Ezeobihas has said.
Ezeobi said according to statistics, there are about 51 million working people in Nigeria with only 5.6 million registered in the CPS.
He said that despite the N3.73 trillion pension funds generated through the contribution of the 5.6 million p... (Further analysis would depend on the specific query.)<|im_end|>
