One problem related to air bag light on has been reported for the 1996 Oldsmobile Achieva. The most recently reported issues are listed below.
In regards of your defect investigation# iq3001, I have a problem with my control module, its not working now due to it got wet, now my airbag light stays on and I'm just waiting for it to deploy when I'm driving down the road, so maybe then when it kills someone a recall will be done on it. It is a poor location for the module anyways.