The light is on because the ECU has detected a problem with the Supplemental Restraint System (SRS). It can be any number of things that is wrong. Working on the SRS is very hazardous so for that reason it should only be repaired by a trained professional. This is NOT a DIY repair. Take it to a Ford dealer for repair.
Airbag
See your dealer. Ford has recalls for defective air bags.
Something is wrong, probably a bad sensor. To find out what, you need someone to read the computer codes.
Read this post on warning lights.
http://ricksfreeautorepairadvice.com/che...
Try wearing your seat belt.
Your airfags are non functioning.